{"id":44966,"date":"2026-04-08T22:47:40","date_gmt":"2026-04-08T22:47:40","guid":{"rendered":"https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth"},"modified":"2026-04-08T23:03:39","modified_gmt":"2026-04-08T23:03:39","slug":"world-bank-approves-30-million-loan-for-seychelles-growth","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth","title":{"rendered":"World Bank Approves $30 Million Loan for Seychelles Growth"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Seychelles. <\/strong><\/span>The government of Seychelles has welcomed the approval of a US $30 million loan by the board of executive directors of the World Bank Group on April 3, 2026, marking an important step in advancing national development priorities.<\/p>\n<p>The financing will support the second sustainable and inclusive growth Development Policy Operation (DPO), which is the second in a series of two programmatic operations. The loan carries a final maturity of 20 years, including a five-year grace period, in line with the request of the government of Seychelles.<\/p>\n<p>This DPO aims to support Seychelles in advancing diversified, inclusive, and climate-resilient economic and social development. It focuses on three key priority areas: (i) strengthening financial stability and the business environment; (ii) promoting fiscal transparency; and (iii) enhancing environmental and social resilience.<\/p>\n<p>As budget support, the financing will be directly channeled to the national budget, helping the government sustain key reforms and maintain macroeconomic stability while advancing its development agenda.<\/p>\n<p>Through this operation, the government is advancing reforms designed to address critical constraints to private sector development and job creation. These include measures to strengthen financial sector stability and supervision, mitigate risks related to anti-money laundering and counter-financing of terrorism, and promote private sector participation in the energy sector.<\/p>\n<p>The DPO also supports the government\u2019s ongoing fiscal consolidation efforts by improving the quality of public expenditure and enhancing tax transparency and collection, with particular emphasis on international transfer pricing.<\/p>\n<p>In addition, the operation promotes actions to improve environmental sustainability, including enhanced solid waste management systems. It also addresses pressing social challenges, notably the emerging national concern of youth engagement in risky behaviors, which can limit their involvement in the labour force.<\/p>\n<p>The government of Seychelles has reaffirmed its commitment to implementing these reforms to foster sustainable growth, strengthen economic resilience, and improve the well-being of all Seychellois.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Seychelles<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Seychelles. The government of Seychelles has welcomed the approval of a US $30 million loan by the board of executive directors of the World Bank Group on April 3, 2026, marking an important step in advancing national development priorities. The financing will support the second sustainable and inclusive growth Development Policy Operation (DPO), [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":44965,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233],"class_list":["post-44966","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-seychelles"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>World Bank Approves $30 Million Loan for Seychelles Growth - Seychelles<\/title>\n<meta name=\"description\" content=\"The government of Seychelles has welcomed the approval of a US $30 million loan by the board of executive directors of t ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"World Bank Approves $30 Million Loan for Seychelles Growth\" \/>\n<meta property=\"og:description\" content=\"The government of Seychelles has welcomed the approval of a US $30 million loan by the board of executive directors of t ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth\" \/>\n<meta property=\"og:site_name\" content=\"Seychelles\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-08T22:47:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-08T23:03:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/seychelles\/sites\/30\/2026\/04\/sm_1775689374.437385.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"World Bank Approves $30 Million Loan for Seychelles Growth\",\"datePublished\":\"2026-04-08T22:47:40+00:00\",\"dateModified\":\"2026-04-08T23:03:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth\"},\"wordCount\":321,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/seychelles\/sites\/30\/2026\/04\/sm_1775689374.437385.jpg\",\"keywords\":[\"Seychelles\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth\",\"url\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth\",\"name\":\"World Bank Approves $30 Million Loan for Seychelles Growth - Seychelles\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/seychelles\/sites\/30\/2026\/04\/sm_1775689374.437385.jpg\",\"datePublished\":\"2026-04-08T22:47:40+00:00\",\"dateModified\":\"2026-04-08T23:03:39+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"The government of Seychelles has welcomed the approval of a US $30 million loan by the board of executive directors of t ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/seychelles\/sites\/30\/2026\/04\/sm_1775689374.437385.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/seychelles\/sites\/30\/2026\/04\/sm_1775689374.437385.jpg\",\"width\":1280,\"height\":640,\"caption\":\"World Bank Approves $30 Million Loan for Seychelles Growth\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/seychelles\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"World Bank Approves $30 Million Loan for Seychelles Growth\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/#website\",\"url\":\"https:\/\/www.africa-press.net\/seychelles\/\",\"name\":\"Seychelles\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/seychelles\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"World Bank Approves $30 Million Loan for Seychelles Growth - Seychelles","description":"The government of Seychelles has welcomed the approval of a US $30 million loan by the board of executive directors of t ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth","og_locale":"en_US","og_type":"article","og_title":"World Bank Approves $30 Million Loan for Seychelles Growth","og_description":"The government of Seychelles has welcomed the approval of a US $30 million loan by the board of executive directors of t ...","og_url":"https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth","og_site_name":"Seychelles","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2026-04-08T22:47:40+00:00","article_modified_time":"2026-04-08T23:03:39+00:00","og_image":[{"width":1280,"height":640,"url":"https:\/\/static.africa-press.net\/seychelles\/sites\/30\/2026\/04\/sm_1775689374.437385.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/seychelles\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"World Bank Approves $30 Million Loan for Seychelles Growth","datePublished":"2026-04-08T22:47:40+00:00","dateModified":"2026-04-08T23:03:39+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth"},"wordCount":321,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/seychelles\/sites\/30\/2026\/04\/sm_1775689374.437385.jpg","keywords":["Seychelles"],"articleSection":["all news","economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth","url":"https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth","name":"World Bank Approves $30 Million Loan for Seychelles Growth - Seychelles","isPartOf":{"@id":"https:\/\/www.africa-press.net\/seychelles\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/seychelles\/sites\/30\/2026\/04\/sm_1775689374.437385.jpg","datePublished":"2026-04-08T22:47:40+00:00","dateModified":"2026-04-08T23:03:39+00:00","author":{"@id":"https:\/\/www.africa-press.net\/seychelles\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"The government of Seychelles has welcomed the approval of a US $30 million loan by the board of executive directors of t ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth#primaryimage","url":"https:\/\/static.africa-press.net\/seychelles\/sites\/30\/2026\/04\/sm_1775689374.437385.jpg","contentUrl":"https:\/\/static.africa-press.net\/seychelles\/sites\/30\/2026\/04\/sm_1775689374.437385.jpg","width":1280,"height":640,"caption":"World Bank Approves $30 Million Loan for Seychelles Growth"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/seychelles\/all-news\/world-bank-approves-30-million-loan-for-seychelles-growth#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/seychelles\/"},{"@type":"ListItem","position":2,"name":"World Bank Approves $30 Million Loan for Seychelles Growth"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/seychelles\/#website","url":"https:\/\/www.africa-press.net\/seychelles\/","name":"Seychelles","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/seychelles\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/seychelles\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/seychelles\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/seychelles\/wp-json\/wp\/v2\/posts\/44966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/seychelles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/seychelles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/seychelles\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/seychelles\/wp-json\/wp\/v2\/comments?post=44966"}],"version-history":[{"count":1,"href":"https:\/\/www.africa-press.net\/seychelles\/wp-json\/wp\/v2\/posts\/44966\/revisions"}],"predecessor-version":[{"id":44970,"href":"https:\/\/www.africa-press.net\/seychelles\/wp-json\/wp\/v2\/posts\/44966\/revisions\/44970"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/seychelles\/wp-json\/wp\/v2\/media\/44965"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/seychelles\/wp-json\/wp\/v2\/media?parent=44966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/seychelles\/wp-json\/wp\/v2\/categories?post=44966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/seychelles\/wp-json\/wp\/v2\/tags?post=44966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}