Central Bank of Seychelles - Annual Report 2005

According to the Central Bank of Seychelles Annual Report 2005, the year 2005 began on a downbeat note with economic prospects seriously dampened by the nationwide damage to productive capacity and infrastructure caused by the tsunami and flash floods of late December 2004.

"Three key economic sectors - tourism, fisheries and agriculture - were considerably affected. Although pledges of financial assistance from international agencies were generously received, the usual administrative delays

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