The human toll of the COVID-19 pandemic has been devastating. At the same time, measures to tackle the crisis have affected national economies and grounded global trade to a halt. Small Island Developing States (SIDS) such as the Seychelles are amongst the countries that have suffered some of the worst economic impacts of the outbreak. The current situation illustrates the global state of unpreparedness for a pandemic and points to similar inadequacies vis-à-vis climate change. Already reeling from the adverse consequences of climate change, the Seychelles’ emerging Blue Economy
The Monetary Council has appointed Mr Timothy Antoine as Governor of the Eastern Caribbean Central Bank (ECCB). Mr. Antoine, a Grenadian national, succeeds Sir K Dwight Venner who retired on 30 November, 2015.
The Seychelles debt for climate change swap made a major leap on Friday when Minister Dogley signed the bilateral agreements for the debt buy back with the representatives of the governments of France, Belgium and Italy.