03.26.10
Seychelles’ President visits Central Bank
On March 25, President James Michel visited the Central Bank of Seychelles. Mr Michel said that it is an example of how an institution can empower young Seychellois in playing a key role in the economy of the jurisdiction.
As regards wide acclaim that the Seychelles rupee has received from foreign investor guides and media, Mr Michel said that the employees of the Central Bank should go on developing their competence to help the bank carry out its mission of a better economy in a competitive environment. The President said that the global recognition of rupee as a strong performer, which was reported in the international media, reflects the success of the economic reforms initiated by him in 2008.
Also, Mr Michel noted that Seychelles has been a leader in many fields such as in the environment and human resources development.