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Office of the President of The Republic of Seychelles

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Strong Maldivian Delegation Looking At Seychelles' Reform Success

June 2, 2011 -- A strong delegation from the Maldives is in Seychelles to find out how Seychelles succeeded in overcoming major economic difficulties through reforms introduced by President James Michel at the end of 2008.

The delegation was received at State House yesterday by President Michel. The day before the delegation called on the Vice-President and Minister for Finance and Trade, Mr Danny Faure.

The Maldivian delegation is headed by the Finance and Treasury Minister Ahmed Inaz. Also in the delegation is the governor of the Maldives Monetary Authority, Mr Fazeel Najeeb; the Minister of State for Finance and Treasury, Mr Ahmed Naseer; and member of legislative assembly, Mr Abdalla Abdul Raheem.

Mr Inaz said Seychelles has come out of the crisis very strongly, and is now resilient and firmly on its feet again.

'So, since we are now facing the same situation you faced earlier and we believ the structural issues we faced are similar, we came to learn the lessons your country has to offer after righting your economy," added Mr Inaz.