SEYCHELLES: LOCKDOWN TAKES ITS TOLL ON CRUCIAL TOURISM REVENUES

SEYCHELLES: LOCKDOWN TAKES ITS TOLL ON CRUCIAL TOURISM REVENUES

   Tue, 19 May 2020

Seychelles seems to have eradicated the coronavirus from its archipelago, although the cost to its dominant tourism sector will result in the largest economic contraction in Africa this year. The government intends to honour external debt obligations in 2020, although debt sustainability will become a greater problem in case of a protracted economic crisis or resurgence of the virus.



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