10.31.08

President to talk on Economic Reforms

Posted in Business and Economy, Seychelles government, Seychelles offshore jurisdiction at 5:01 am by Robert Klien

Tonight, Seychelles’ President Michel will address the nation on the current macro-economic reforms the country is going through. The address will be available in the evening both on radio and television.

The official announcement made by Michel about addressing the nation was during a recent visit to the Bel Ombre district that has been described recently.

The address is going to be about the home-grown economic reform package that currently is being discussed with the International Monetary Fund (IMF) and other multilateral institutions. The President was going to come before the people and to explain what has been dome and what is being done. He will also discuss the measures to be taken in future with a view to overcome the present difficulties of the jurisdiction, which are becoming even worse by the current global financial crisis.

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