I would like to take this opportunity to thank each and every one of these 200 individuals, as well as the former Governors and staff members for their contribution to the development and growth of the Central Bank of Seychelles.
Creation of a central authority for resolution of financial firms in distress also needs an early finalization. 19. High levels of debt accumulation by corporates has been encouraged in part by the availability of low-cost, abundant and flexible debt, facilitated by the search-for-yield environment created by the extraordinary policy measures undertaken in the US, UK, euro area and Japan.