01.11.08

Seychelles national theme for 2008 announced by President Michel

Posted in Business and Economy, Foreign investments, Seychelles government, Seychelles offshore jurisdiction at 10:31 am by Robert Klien

On December 31, 2007, in his televised New Year’s message, Seychelles’ President James Michel announced Seychelles national theme for 2008 which is the Constitution, the voice of the nation.

Earlier, the President said that Seychelles Constitution contains the democratic principles of the country, embodies rights and responsibilities of the people as well as serves as a to the behaviour of individuals, government and bodies. On December 31, 2007, President Michel said that it is necessary to promote Seychelles Constitution with a view to build our democracy and to reinforce the institutions of nation-building. In his speech, Michel also said that in 2008 Seychelles will mark 15 years of the Third Republic after the majority approved the new Constitution.

For Year 2008, the President wished the people of Seychelles to learn to value what they have as well as to appreciate the good things offered by their. He also wished that the jurisdiction continues to enjoy peace, unity, greater stability and progress.

As regards the launching of Strategy 2017 aimed to double GDP in 10 years, President James Michel said that in 2007 more confidence in the future of Seychelles and its economy was built by the people, which can be seen from the record level of investments and economic activity into the jurisdiction. According to the Head of the State, foreign investments into the country in 2007 were an estimated USD 180 million compared to USD 146 million in 2006.

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