{"id":6938,"date":"2022-05-16T17:21:12","date_gmt":"2022-05-16T17:21:12","guid":{"rendered":"https:\/\/www.africa-press.net\/seychelles\/?p=6938"},"modified":"2022-05-16T15:15:18","modified_gmt":"2022-05-16T15:15:18","slug":"fitch-upgrades-countrys-rating","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/seychelles\/all-news\/fitch-upgrades-countrys-rating","title":{"rendered":"Fitch upgrades country\u2019s rating"},"content":{"rendered":"

Africa-Press – Seychelles. <\/strong><\/span>The Minister for Finance, National Planning and Trade, Naadir Hassan, has welcomed the new revised country rating, from Fitch Ratings, from B+: Outlook Stable to B+: Outlook Positive.<\/b><\/p>\n

\u201cThe revised rating from Fitch, shows that all the fiscal and monetary policies the government and Central Bank of Seychelles have taken thus far to achieve our economic reform targets, have been the right ones. Since the start of the reforms in July 2021, we have been prudent with spending, we have demonstrated that we are serious in reducing the country\u2019s debts, and we have shown our drive to bring in the necessary structural reforms needed to achieve these targets.<\/p>\n

\u201cThe revised rating from B+: Outlook Stable to B+: Outlook Positive is reassurances that the international community recognises our efforts. This new rating, will give investors more confidence in the government\u2019s policies, which will allow for more foreign direct investment in Seychelles.\u201d<\/p>\n

The new rating was published on Friday May 13, 2022.<\/p>\n

To note, the new rating by Fitch comes just five days after the IMF completed its 2nd review of Seychelles economic performance under the Extended Fund Facility agreement, in which, the mission acknowledged that \u201cthe government has made impressive progress in implementing the IMF-supported programme and restoring macroeconomic balances. All end-December 2021 quantitative targets under the programme were met \u2013 some, including the fiscal primary balance target, by a wide margin. The broader structural reform agenda is also moving ahead.\u201d<\/p>\n

The IMF Mission was in the country between April 26 and May 9, 2022.<\/p>\n

For More News And Analysis About Seychelles<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Seychelles. The Minister for Finance, National Planning and Trade, Naadir Hassan, has welcomed the new revised country rating, from Fitch Ratings, from B+: Outlook Stable to B+: Outlook Positive. \u201cThe revised rating from Fitch, shows that all the fiscal and monetary policies the government and Central Bank of Seychelles have taken thus far […]<\/p>\n","protected":false},"author":84,"featured_media":6937,"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-6938","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":"\nFitch upgrades country\u2019s rating - Seychelles<\/title>\n<meta name=\"description\" content=\"The Minister for Finance, National Planning and Trade, Naadir Hassan, has welcomed the new revised country rating, fr ...\" \/>\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\/fitch-upgrades-countrys-rating\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fitch upgrades country\u2019s rating\" \/>\n<meta property=\"og:description\" content=\"The Minister for Finance, National Planning and Trade, Naadir Hassan, has welcomed the new revised country rating, fr ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/seychelles\/all-news\/fitch-upgrades-countrys-rating\" \/>\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=\"2022-05-16T17:21:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/seychelles\/sites\/30\/2022\/05\/img-62826a70ae3ac.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1500\" \/>\n\t<meta property=\"og:image:height\" content=\"880\" \/>\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\/fitch-upgrades-countrys-rating#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/fitch-upgrades-countrys-rating\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Fitch upgrades country\u2019s rating\",\"datePublished\":\"2022-05-16T17:21:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/fitch-upgrades-countrys-rating\"},\"wordCount\":265,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/fitch-upgrades-countrys-rating#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/seychelles\/sites\/30\/2022\/05\/img-62826a70ae3ac.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\/fitch-upgrades-countrys-rating#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/fitch-upgrades-countrys-rating\",\"url\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/fitch-upgrades-countrys-rating\",\"name\":\"Fitch upgrades country\u2019s rating - Seychelles\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/fitch-upgrades-countrys-rating#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/fitch-upgrades-countrys-rating#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/seychelles\/sites\/30\/2022\/05\/img-62826a70ae3ac.jpg\",\"datePublished\":\"2022-05-16T17:21:12+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"The Minister for Finance, National Planning and Trade, Naadir Hassan, has welcomed the new revised country rating, fr ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/fitch-upgrades-countrys-rating#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/seychelles\/all-news\/fitch-upgrades-countrys-rating\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/fitch-upgrades-countrys-rating#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/seychelles\/sites\/30\/2022\/05\/img-62826a70ae3ac.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/seychelles\/sites\/30\/2022\/05\/img-62826a70ae3ac.jpg\",\"width\":1500,\"height\":880,\"caption\":\"Fitch upgrades country\u2019s rating\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/fitch-upgrades-countrys-rating#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/seychelles\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Fitch upgrades country\u2019s rating\"}]},{\"@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":"Fitch upgrades country\u2019s rating - Seychelles","description":"The Minister for Finance, National Planning and Trade, Naadir Hassan, has welcomed the new revised country rating, fr ...","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\/fitch-upgrades-countrys-rating","og_locale":"en_US","og_type":"article","og_title":"Fitch upgrades country\u2019s rating","og_description":"The Minister for Finance, National Planning and Trade, Naadir Hassan, has welcomed the new revised country rating, fr ...","og_url":"https:\/\/www.africa-press.net\/seychelles\/all-news\/fitch-upgrades-countrys-rating","og_site_name":"Seychelles","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2022-05-16T17:21:12+00:00","og_image":[{"width":1500,"height":880,"url":"https:\/\/static.africa-press.net\/seychelles\/sites\/30\/2022\/05\/img-62826a70ae3ac.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/seychelles\/all-news\/fitch-upgrades-countrys-rating#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/seychelles\/all-news\/fitch-upgrades-countrys-rating"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/seychelles\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Fitch upgrades country\u2019s rating","datePublished":"2022-05-16T17:21:12+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/seychelles\/all-news\/fitch-upgrades-countrys-rating"},"wordCount":265,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/seychelles\/all-news\/fitch-upgrades-countrys-rating#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/seychelles\/sites\/30\/2022\/05\/img-62826a70ae3ac.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\/fitch-upgrades-countrys-rating#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/seychelles\/all-news\/fitch-upgrades-countrys-rating","url":"https:\/\/www.africa-press.net\/seychelles\/all-news\/fitch-upgrades-countrys-rating","name":"Fitch upgrades country\u2019s rating - Seychelles","isPartOf":{"@id":"https:\/\/www.africa-press.net\/seychelles\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/seychelles\/all-news\/fitch-upgrades-countrys-rating#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/seychelles\/all-news\/fitch-upgrades-countrys-rating#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/seychelles\/sites\/30\/2022\/05\/img-62826a70ae3ac.jpg","datePublished":"2022-05-16T17:21:12+00:00","author":{"@id":"https:\/\/www.africa-press.net\/seychelles\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"The Minister for Finance, National Planning and Trade, Naadir Hassan, has welcomed the new revised country rating, fr ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/seychelles\/all-news\/fitch-upgrades-countrys-rating#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/seychelles\/all-news\/fitch-upgrades-countrys-rating"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/seychelles\/all-news\/fitch-upgrades-countrys-rating#primaryimage","url":"https:\/\/static.africa-press.net\/seychelles\/sites\/30\/2022\/05\/img-62826a70ae3ac.jpg","contentUrl":"https:\/\/static.africa-press.net\/seychelles\/sites\/30\/2022\/05\/img-62826a70ae3ac.jpg","width":1500,"height":880,"caption":"Fitch upgrades country\u2019s rating"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/seychelles\/all-news\/fitch-upgrades-countrys-rating#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/seychelles\/"},{"@type":"ListItem","position":2,"name":"Fitch upgrades country\u2019s rating"}]},{"@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\/6938","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=6938"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/seychelles\/wp-json\/wp\/v2\/posts\/6938\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/seychelles\/wp-json\/wp\/v2\/media\/6937"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/seychelles\/wp-json\/wp\/v2\/media?parent=6938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/seychelles\/wp-json\/wp\/v2\/categories?post=6938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/seychelles\/wp-json\/wp\/v2\/tags?post=6938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}