Seychelles. Visit Countryaah official website to get information about the capital city of Seychelles. The largest opposition party, the Seychelles National Party (SNP), increased its criticism of the government for its failure to lift the continuing economic downturn. The SNP also sought to take advantage of the continuing rumors of the failing health of President France Albert Rene. René, who has dominated the country’s politics since 1977, appeared less and less public.
|Gross domestic product (GDP)||$ 2,750,000,000|
|GDP growth rate||5.30%|
|GDP per capita||$ 29,300|
|GDP by sector|
|Proportion of the population below the national poverty line||–|
|Distribution of household income|
|Industrial production growth rate||2.70%|
|Investment volume||28.3% of GDP|
|National debt||63.60% of GDP|
|Foreign exchange reserves||$ 538,800,000|
|Number of visitors||233,000|
The state-controlled broadcaster SBC’s decision to cease live broadcasts of parliamentary debates was heavily criticized by SNP leader Wavel Ramkalawan, who accused the Seychelles People’s Progressive Front (SPPF) government of trying to limit his party’s ability to operate. The SPPF also decided to withdraw state aid to the parties. A new party, the Social Democratic Alliance (SDA), was formed in late April by former central bank governor Guy Morel. As a reason for forming the party, Morel indicated the need to address the country’s economic problems with vigor.