Fitch downgrades Seychelles to 'B+'; outlook stable
Seychelles EU Connection :: Republic of Seychelles National Economy Main ( UN visit 20/09/06 :: National Economy
Page 1 of 1
Fitch downgrades Seychelles to 'B+'; outlook stable
Sirop14 Fri May 08, 2020 7:07 pm
Fitch downgrades Seychelles to 'B+'; outlook stable | 08 May 2020
Fitch Ratings has downgraded Seychelles Long-Term Foreign-Currency Issuer Default Rating (IDR) by two notches to 'B+' from 'BB', with a ‘Stable Outlook’.
http://www.nation.sc/articles/4558/fitch-downgrades-seychelles-to-b-outlook-stable
Fitch Ratings has downgraded Seychelles Long-Term Foreign-Currency Issuer Default Rating (IDR) by two notches to 'B+' from 'BB', with a ‘Stable Outlook’.
http://www.nation.sc/articles/4558/fitch-downgrades-seychelles-to-b-outlook-stable
Sirop14- Posts : 27755
Join date : 2008-06-02
Re: Fitch downgrades Seychelles to 'B+'; outlook stable
Sirop14 Sat May 09, 2020 9:27 pm
Seychelles Fitch rating drop expected, Minister Loustau-Lalanne says | 09 May 2020
http://www.nation.sc/articles/4582/seychelles-fitch-rating-drop-expected-minister-loustau-lalanne-says
http://www.nation.sc/articles/4582/seychelles-fitch-rating-drop-expected-minister-loustau-lalanne-says
Sirop14- Posts : 27755
Join date : 2008-06-02
Re: Fitch downgrades Seychelles to 'B+'; outlook stable
Sirop14 Sat May 09, 2020 9:29 pm
Int'l Monetary Fund gives Seychelles $31 million in emergency assistance
Victoria, Seychelles | May 9, 2020, Saturday @ 18:00 in Business » FINANCE | By: Salifa Karapetyan Edited by: Betymie Bonnelame | Views: 644
http://www.seychellesnewsagency.com/articles/12879/Int%27l+Monetary+Fund+gives+Seychelles++million+in+emergency+assistance
Victoria, Seychelles | May 9, 2020, Saturday @ 18:00 in Business » FINANCE | By: Salifa Karapetyan Edited by: Betymie Bonnelame | Views: 644
http://www.seychellesnewsagency.com/articles/12879/Int%27l+Monetary+Fund+gives+Seychelles++million+in+emergency+assistance
Sirop14- Posts : 27755
Join date : 2008-06-02
Re: Fitch downgrades Seychelles to 'B+'; outlook stable
Sirop14 Sat Jun 13, 2020 8:23 pm
Seychelles issues $ 72 million of solidarity bonds to help cover COVID-induced deficit
Victoria, Seychelles | June 12, 2020, Friday @ 10:45 in Business » FINANCE | By: Sharon Ernesta | Views: 1835
http://www.seychellesnewsagency.com/articles/13047/Seychelles+issues+++million+of+solidarity+bonds+to+help+cover+COVID-induced+deficit
Victoria, Seychelles | June 12, 2020, Friday @ 10:45 in Business » FINANCE | By: Sharon Ernesta | Views: 1835
http://www.seychellesnewsagency.com/articles/13047/Seychelles+issues+++million+of+solidarity+bonds+to+help+cover+COVID-induced+deficit
Sirop14- Posts : 27755
Join date : 2008-06-02
Re: Fitch downgrades Seychelles to 'B+'; outlook stable
Sirop14 Fri Jun 19, 2020 8:40 am
The economy will contract by more than 10% in 2020 as tourism, investment and remittances inflows from Europe fall, owing to the coronavirus.
https://country.eiu.com/seychelles
According to the updated IMF forecasts from 14th April 2020, due to the outbreak of the COVID-19, GDP growth is expected to fall to -10.8% in 2020
https://import-export.societegenerale.fr/en/country/seychelles/economy-country-risk
Fitch forecasts the Seychelles' economy will contract by 14% this year, mainly due to the hit to tourism
https://www.fitchratings.com/research/sovereigns/fitch-downgrades-seychelles-to-b-outlook-stable-06-05-2020
GDP growth is expected to fall to -10.8% in 2020
https://www.lloydsbanktrade.com/en/market-potential/seychelles/economy
https://country.eiu.com/seychelles
According to the updated IMF forecasts from 14th April 2020, due to the outbreak of the COVID-19, GDP growth is expected to fall to -10.8% in 2020
https://import-export.societegenerale.fr/en/country/seychelles/economy-country-risk
Fitch forecasts the Seychelles' economy will contract by 14% this year, mainly due to the hit to tourism
https://www.fitchratings.com/research/sovereigns/fitch-downgrades-seychelles-to-b-outlook-stable-06-05-2020
GDP growth is expected to fall to -10.8% in 2020
https://www.lloydsbanktrade.com/en/market-potential/seychelles/economy
Sirop14- Posts : 27755
Join date : 2008-06-02
Re: Fitch downgrades Seychelles to 'B+'; outlook stable
Sirop14 Sun Jun 21, 2020 9:40 pm
We have read many article arguments from Seychelles, the coming Presidential and the government of National Unity. That alternative SIROP program beside those project which never started to get out of the dependence of Tourism earning income or Oil if it had been successfully extracted - to use the leveraging/dynamic capacity of that SIROP program and create a national consortium that would invest in relevant international , multinational companies and the profit reinvested. it stock and share sold on the Seychelles stock Market. Mr Paul Stravens was aware of the concept. President Rene and Michel had judge this was too aggressive capitalism.
When we say that Program is alive and NEOM regional working and inclusiveness by now had those been implemented Seychelles economy a very different place. In then 1986/87 it was Africa, Indian ocean, gulf region first, beside the issues of the Indian ocean Rim Association the next stage for Seychelles to acquire investment, businesses interests in those economic sector worth investing and making profit. Today this is common practices. The expertise easily available Mauritius private sector have embarked on this concept about 8/10 years ago and the benefits and impacts. It would create a proper leveraging system instead of just that program leveraging other economy by investing in those economy it would leverage /Seychelles economy. We had a concept where the initial funds would come from like the development of the phase lll Reclamation safe the government of President Michel and Faure their arrogant and abusive practice and denying the existence of that SIROP program. That concept was put together in 1986/87 meanwhile President Michel blue economy and all those jumping on the band wagon.
The same system for a sovereign Fund.
That Seychelles oil container concept linked. Individual like Mr Kahogi M Al fayad and others aware, President Gorbachev, chancellor Koln , the south African several others President Ghadaffi, those form North Africa , the Asian major partners your President Saddam, the US entities and those from BCCI why they busted it it had been in greater part agreed to lay such foundation thank you Mr Barclays Bank for busting it up. Hence President FA Rene rage against my person I lacked the capacity to enforce these plans. The Gulf region did not have such concept today they have and and it make up 28/30 of income earning for the Gulf entities. Lawyer Phillip Boulle in then England was briefly aware.
When we say that Program is alive and NEOM regional working and inclusiveness by now had those been implemented Seychelles economy a very different place. In then 1986/87 it was Africa, Indian ocean, gulf region first, beside the issues of the Indian ocean Rim Association the next stage for Seychelles to acquire investment, businesses interests in those economic sector worth investing and making profit. Today this is common practices. The expertise easily available Mauritius private sector have embarked on this concept about 8/10 years ago and the benefits and impacts. It would create a proper leveraging system instead of just that program leveraging other economy by investing in those economy it would leverage /Seychelles economy. We had a concept where the initial funds would come from like the development of the phase lll Reclamation safe the government of President Michel and Faure their arrogant and abusive practice and denying the existence of that SIROP program. That concept was put together in 1986/87 meanwhile President Michel blue economy and all those jumping on the band wagon.
The same system for a sovereign Fund.
That Seychelles oil container concept linked. Individual like Mr Kahogi M Al fayad and others aware, President Gorbachev, chancellor Koln , the south African several others President Ghadaffi, those form North Africa , the Asian major partners your President Saddam, the US entities and those from BCCI why they busted it it had been in greater part agreed to lay such foundation thank you Mr Barclays Bank for busting it up. Hence President FA Rene rage against my person I lacked the capacity to enforce these plans. The Gulf region did not have such concept today they have and and it make up 28/30 of income earning for the Gulf entities. Lawyer Phillip Boulle in then England was briefly aware.
Sirop14- Posts : 27755
Join date : 2008-06-02
Re: Fitch downgrades Seychelles to 'B+'; outlook stable
Sirop14 Fri Jul 03, 2020 6:47 pm
World Bank approves $15 million loan to help Seychelles counter COVID's economic effects
Victoria, Seychelles | July 3, 2020, Friday @ 09:51 in National » GENERAL | By: Betymie Bonnelame | Views: 1165
http://www.seychellesnewsagency.com/articles/13153/World+Bank+approves++million+loan+to+help+Seychelles+counter+COVID%27s+economic+effects
Victoria, Seychelles | July 3, 2020, Friday @ 09:51 in National » GENERAL | By: Betymie Bonnelame | Views: 1165
http://www.seychellesnewsagency.com/articles/13153/World+Bank+approves++million+loan+to+help+Seychelles+counter+COVID%27s+economic+effects
Sirop14- Posts : 27755
Join date : 2008-06-02
Similar topics» Seychelles’ macroeconomic outlook remains strong
» Fitch Ratings upgrades Seychelles to BB- with stable outlook
» Fitch affirms Seychelles’ ‘BB’ credit rating with stable outlook
» Fitch Ratings: Seychelles maintains 'BB-' rating with positive outlook
» Fitch Ratings: Seychelles' credit rating remains at BB-
» Fitch Ratings upgrades Seychelles to BB- with stable outlook
» Fitch affirms Seychelles’ ‘BB’ credit rating with stable outlook
» Fitch Ratings: Seychelles maintains 'BB-' rating with positive outlook
» Fitch Ratings: Seychelles' credit rating remains at BB-
Seychelles EU Connection :: Republic of Seychelles National Economy Main ( UN visit 20/09/06 :: National Economy
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum