Presidential Economic Advisory Council holds fifth session |17 October 2026

Vice-President Pillay chairing the session

Balancing debt and development

Vice-President Sebastien Pillay, on behalf of President Patrick Herminie, chaired the fifth session of the Presidential Economic Advisory Council (PEAC) yesterday, focusing on Seychelles’ fiscal outlook, debt sustainability and the financing of critical infrastructure projects.

Secretary of state for Finance Patrick Payet presented the government’s Economic and Fiscal Outlook for 2026–2030, outlining economic growth projections, public finances, debt developments and planned investments.

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