President congratulates Seychellois economist Ronald Cafrine for appointment to high level IMF post

20 July 2015 | Finance

President James Michel has congratulated Mr. Ronald Cafrine on his appointment to the post of Adviser to the Executive Director at the International Monetary Fund for the Asia-Pacific constituency, Mr. Barry Sterland.

The constituency includes Australia, Kiribati, Korea, Marshall Islands, Micronesia, Mongolia, New Zealand, Palau, Papua New Guinea, Samoa, Seychelles, Solomon Islands, Uzbekistan, Tuvalu and Vanuatu.

Mr. Cafrine met with the President this morning at State House, where the President personally thanked him for his hard work and dedication in his 25 years as a public servant in the Seychelles government.

“It is an honour for Seychelles that you have been chosen for a high-level IMF post. We are very proud of you and your work. It is a recognition of what a Seychellois is capable of as you have demonstrated that you have the experience, skills and capacity for work at a highly regarded international institution. I wish you every success in your new role and hope you are an inspirations to others,” said Mr. Michel.

Mr. Cafrine thanked the President for his support and said that he would share the Seychelles experience of economic reforms with other countries, as Seychelles has become recognized worldwide as model for successful economic reforms.

“Seychelles is now a model for small island states for macroeconomic resilience and how to take reforms forward….I will also contribute to policies for other small countries on how to manage their economies,” said Mr. Cafrine in an interview with local media following the meeting.

Also present during the meeting were the Minister for Finance, Trade & Blue Economy, Mr. Jean-Paul Adam and the Secretary General of the Office of the President, Mrs. Lise Bastienne.

Mr. Cafrine will take up the IMF post on 3rd August 2015 in Washington DC, USA.

During his distinguished career in finance and economic planning, Ronald Cafrine has been the Special Advisor to the Minister for Finance and Trade and Investment since 2012, and continued in this role with the Ministry for Finance, Trade & Blue Economy since February 2015. Prior to this he was Advisor to the Revenue Commissioner at the Seychelles Revenue Commission (November 2011- April 2012), Assistant Revenue Commissioner (2010-2011), and Director General, Customs Division (2009), Director General, Policy & Strategy Division, Ministry for Finance (June 2005- March  2009) and Director for Economic Planning, Ministry of Economic Planning( 2002-2005). He started his career as trainee officer at the Economic Planning Division of the Ministry of Planning and External Relation in 1990, and then worked his way up to become Economist, and the Senior Economist, before being appointed to senior level posts.

Mr. Cafrine has a BA in Economics from the University of Essex (UK).

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