State House

Office of the President of The Republic of Seychelles

News

Cabinet Business- 23 March 2020

President Danny Faure chaired an extra-ordinary meeting of the Cabinet on Saturday 21st March, at which a number of legal memoranda were considered.

Cabinet approved proposals for a new 2020 budget in line with the new measures to respond to the COVID 19 pandemic.

Cabinet also approved amendments to the Central Bank Act 2004 and the Financial Institutions Act 2004 to address the adverse effects of the COVID 19 pandemic on the economy and financial system.

Cabinet approved a framework to guide private and public sector employers in implementation of the social distancing measures during the COVID 19 pandemic.