{"id":4776,"date":"2022-04-02T18:08:44","date_gmt":"2022-04-02T18:08:44","guid":{"rendered":"https:\/\/www.africa-press.net\/seychelles\/all-news\/private-sector-relief-schemes-closed-as-at-march-31-2022"},"modified":"2022-04-02T19:50:14","modified_gmt":"2022-04-02T19:50:14","slug":"private-sector-relief-schemes-closed-as-at-march-31-2022","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/seychelles\/all-news\/private-sector-relief-schemes-closed-as-at-march-31-2022","title":{"rendered":"Private sector relief schemes closed as at March 31, 2022"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Seychelles. <\/strong><\/span>The Central Bank of Seychelles (CBS) has closed the access period to the Private Sector (MSMEs) Relief Scheme and Private Sector (Large Enterprises) Relief Scheme.<\/p>\n<p>The CBS board approved this decision on March 31, 2022 with immediate effect, in line with CBS\u2019 Unwinding Strategy \u2013 Covid-19 Policy and Relief Measures, and based on assessments undertaken on the cchemes, including analyses on macroeconomic developments and impact on the banking sector.<\/p>\n<p>It is to be noted that from the reopening of the schemes on February 1, 2022 until March 23, 2022, the commercial banks, Development Bank of Seychelles (DBS) and Seychelles Credit Union (SCU) had not received any new applications under both schemes.<\/p>\n<p>Notwithstanding the closure of the schemes, private sector businesses being impacted by the effects of the pandemic can seek assistance from their respective financial institutions which have reinstated the provision of credit facilities, in line with the accommodative monetary policy stance adopted by the CBS.<\/p>\n<p>CBS will continue to monitor the Covid-19 developments and its impact on the local economy, and will adjust its policy measures as appropriate, in line with its mandate to maintain price and overall financial stability.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/seychelles\">Seychelles<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Seychelles. The Central Bank of Seychelles (CBS) has closed the access period to the Private Sector (MSMEs) Relief Scheme and Private Sector (Large Enterprises) Relief Scheme. The CBS board approved this decision on March 31, 2022 with immediate effect, in line with CBS\u2019 Unwinding Strategy \u2013 Covid-19 Policy and Relief Measures, and based [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":4775,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[234,268,233],"class_list":["post-4776","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-seychelles","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>Private sector relief schemes closed as at March 31, 2022 - Seychelles<\/title>\n<meta name=\"description\" content=\"The Central Bank of Seychelles (CBS) has closed the access period to the Private Sector (MSMEs) Relief Scheme and Privat ...\" \/>\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\/private-sector-relief-schemes-closed-as-at-march-31-2022\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Private sector relief schemes closed as at March 31, 2022\" \/>\n<meta property=\"og:description\" content=\"The Central Bank of Seychelles (CBS) has closed the access period to the Private Sector (MSMEs) Relief Scheme and Privat ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/seychelles\/all-news\/private-sector-relief-schemes-closed-as-at-march-31-2022\" \/>\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=\"2022-04-02T18:08:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-02T19:50:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/seychelles\/sites\/30\/2022\/04\/img-6248a8de26cdb.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"423\" \/>\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=\"1 minute\" \/>\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\/private-sector-relief-schemes-closed-as-at-march-31-2022#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/private-sector-relief-schemes-closed-as-at-march-31-2022\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Private sector relief schemes closed as at March 31, 2022\",\"datePublished\":\"2022-04-02T18:08:44+00:00\",\"dateModified\":\"2022-04-02T19:50:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/private-sector-relief-schemes-closed-as-at-march-31-2022\"},\"wordCount\":204,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/private-sector-relief-schemes-closed-as-at-march-31-2022#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/seychelles\/sites\/30\/2022\/04\/img-6248a8de26cdb.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Seychelles\",\"Seychelles\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/seychelles\/all-news\/private-sector-relief-schemes-closed-as-at-march-31-2022#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/private-sector-relief-schemes-closed-as-at-march-31-2022\",\"url\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/private-sector-relief-schemes-closed-as-at-march-31-2022\",\"name\":\"Private sector relief schemes closed as at March 31, 2022 - 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