Seychelles council debates fiscal room for critical infrastructure
The Presidential Economic Advisory Council discussed whether the 50% debt-to-GDP target constrains financing for priority investments.
Event / data period: 2026-10-15
Published: · Updated:
Vice-President Sébastien Pillay chaired the fifth session of Seychelles’ Presidential Economic Advisory Council on 15 October, according to State House. Finance Secretary Patrick Payet presented the 2026–2030 economic and fiscal outlook. Listed infrastructure needs included a new national hospital, port expansion and rehabilitation, airport redevelopment, public utilities and renewable energy.
Members said some projects were not yet included in the medium-term fiscal framework and discussed flexibility around the existing 50% debt-to-GDP target. The statement says borrowing should have credible repayment plans and expected returns; it announces no revised debt target, financing decision or approved project amount.
Data
Investment needs reported at council session
Infrastructure areas and debt-target discussion in the State House release.
- · Occurred
Economic Advisory Council session
The 2026–2030 outlook and hospital, port, airport, utility and renewable-energy needs were discussed.
Methodology
The 50% debt-to-GDP figure is the existing target; projects are needs, not approved financing.
Updated:
Subjects and places
Subject proposals
- Government debtSuggested
- Subject suggested from the title or summary: debt-to-GDPstatehouse.gov.sc ↗
Geographic references
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- Seychelles · Place role: Coverage · Place type: Country or area · Location precision: RegionalEvidence
- Explicit preserved editorial country/region; no city or national centroid inferredstatehouse.gov.sc ↗