Seychelles may fail to pay wages in next quarter as economy falters - finance minister
Published on: Wednesday 13 January 2021
Seychelles is struggling to raise funds to pay public workers and the government plans to raise $212 million to plug its budget deficit, the finance minister has said. Seychelles' economy is heavily dependent on tourism and the sector was hard hit in 2020 by COVID-19 that led to travel restrictions worldwide to contain the virus's spread. Finance Minister Naadir Hassan was quoted as saying on the Seychelles News Agency that the government's financial situation was dire.
