Seychelles’ proposed 2019 budget rises 6.6 percent over 2018

A proposed national budget of nearly SCR 8.5 billion for 2019, an increase of 6.6 percent compared to the 2018 budget, will be presented to the National Assembly for approval on November 6 by the Minister of Finance, Trade, Investment and Economic Planning.

Maurice Loustau-Lalanne will for the first time since he took over the finance portfolio present the budget of SCR 8,463,945,478 for next year ($625 million). The budget allocation for 2018 was SCR 7,951,537,313 ($586 million).

Source: Seychelles News Agency