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Cabinet of Seychelles: October 2016 – July 2017 [8] [7] Portrait Portfolio Incumbent President Foreign Affairs Public Administration Legal Affairs Defense : Danny Faure: Vice President of Seychelles Information, Blue Economy Investment and Industry, Information, Communications and Technology (ICT) Risk and Disaster Management: Vincent Mériton
An island nation, Seychelles is located in the Somali Sea segment of the Indian Ocean, northeast of Madagascar and about 1,600 km (860 nmi) east of Kenya. The Constitution of Seychelles lists 155 named islands, [56] and a further 7 reclaimed islands have been created subsequent to the publication of the Constitution.
At the same time, the government has moved to reduce the dependence on tourism by promoting the development of farming, fishing, small-scale manufacturing and most recently the offshore sector. The vulnerability of the tourist sector was illustrated by the sharp drop in 1991-92 due largely to the Gulf War .
The politics of Seychelles have historical roots in both one-party socialism and autocratic rule. Following independence from the United Kingdom in 1976, Seychelles was a sovereign republic until 1977, when the original President and leader of the Seychelles Democratic Party, James Mancham, was overthrown in a bloodless coup by the Prime ...
Central Bank of Seychelles Banque centrale des Seychelles Labank santral Sesel; Headquarters: Victoria, Seychelles: Coordinates: 1]: Established: 1 January 1983; 41 years ago (): Ownership: 100% state ownership [2]: Governor: Caroline Abel: Central bank of: Seychelles: Currency: Seychellois rupee SCR (): Reserves: 530 million USD [2]: Website: www.cbs.sc: The Central Bank of Seychelles (French ...
The Seychelles economy is extremely vulnerable to external shocks. Not only does it depend on tourism, but it imports over 90% of its total primary and secondary production inputs. Any decline in tourism quickly translates into a fall in GDP, a decline in foreign exchange receipts, and budgetary difficulties.
The unicameral National Assembly (French: Assemblée nationale, Creole: Lasanble Nasyonal) is the Seychelles 's legislative body. The National Assembly in its current constellation formed following elections held on 22–24 October 2020, with a total of 35 members. The current Speaker of the National Assembly is Roger Mancienne, in office since ...
Politics of Seychelles. The Minister of Finance, Trade, Investment and Economic Planning of Seychelles is a cabinet minister in charge of the Ministry for Finance of Seychelles, responsible for public finances of the country. The ministry is located in Central Bank Building in Victoria. [1]