This made independence of monetary policy individual-specific; in other words, it allowed for government pressure to creep in easily for keeping rates low at times of fiscal expansion under one guise or the other.
The urge to modernise and introduce innovative digital financial services, as well as the willingness to build a financially inclusive society, is shared by many other stakeholders. Various initiatives have been introduced in Seychelles, showcasing our interest in digital financial services, for the betterment of the financial sector, and the country as a whole.