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Seychelles President announces the establishment of a National Economic Council

Seychelles President announces the establishment of a National Economic Council ( The Seychelles President, Mr. James Michel, has announced the creation of a National Economic Council, which will have the function of advising government of the Republic of Seychelles on the best economic policy for sustainable national growth and development.

The Seychelles National Economic Council will meet regularly to discuss matters raised by its members, or referred to it by the government. The council may commission and analyze such data and information as may be required to enable it to advise government on suitable economic strategies, and to determine the extent to which existing national programs meet strategic economic objectives.

In announcing the setting up of the National Economic Council, the Seychelles President noted that the world economy is becoming increasingly fragile, and it was important for Seychelles to ensure that its national development strategy was founded on a thorough understanding of the economic environment and the dynamics of the emerging forces shaping the future of the world economy.

“Continued economic success depends on the cooperation of all stakeholders. Working for the benefit of Seychelles is paramount in every decision-making process. The National Economic Council will serve as a hub for information, debate, and advice, in the process of developing sound national economic policy,” the President said.

The Seychelles President will personally chair the National Economic Council. Its Vice Chair will be the country’s Vice President and Minister responsible for Finance, Mr. Danny Faure.

The other members of the Seychelles National Economic Council are:

- Minister Joel Morgan – Minister of Home Affairs, Environment, Transport & Energy
- Mr. Pierre Laporte – Governor of the Central Bank of Seychelles;
- Dr. V. Ramadoss – Chairman of the Seychelles Chamber of Commerce & Industry;
- Mr. Conrad Benoiton – Managing Director of Appleby, a company specializing in financial services
- Mr. Brijesh Jivan – an Investment Advisor in the private sector
- Mr. Ahmed Afif – Principal Secretary for Finance & Trade
- Mr. Patrick Payet – Deputy Comptroller-General
- Mr. Steve Fanny – CEO of the Seychelles International Business Authority
- Mr. Michael Benstrong – CEO of the Seychelles Savings Bank
- Mr. Alain St.Ange – CEO of the Seychelles Tourism Board
- Mr. Louis D’Offay – Chairman, Seychelles Hospitality & Tourism Association (SHTA)
- Mr. Glenny Savy – CEO of the Islands Development Company (IDC)
- Mr. Walter Labrosse – General Manager of Laxmanbhai & Company
- Mr. Michel Mellie – Principal Statistician, National Bureau of Statistics
- Mr. Michel Mellie, Secretary of State for Cabinet Affairs, who will serve as Secretary to the NEC, whose Secretariat will also be based at the Cabinet Office

PHOTO (L to R, Top to Bottom): Mr. James Michel, Mr. Danny Faure, Mr. Joel Morgan,Mr. Pierre Laporte, Dr. V. Ramadoss, Mr. Conrad Benoiton, Mr. Brijesh Jivan, Mr. Ahmed Afif, Mr. Patrick Payet, Mr. Steve Fanny, Mr. Michael Benstrong, Mr. Alain St.Ange, Mr. Louis D’Offay, Mr. Glenny Savy, Mr. Walter Labrosse, Mr. Michel Mellie, and Mr. Michel Mellie

MEDIA CONTACT: Alain St.Ange, CEO, Seychelles Tourism Board, Email:

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