AGP Executive Report
Last update: 8 hours ago2027 Budget: Finance Minister Pierre Laporte has presented a SCR12.86 billion budget aimed at accelerating growth while protecting social gains. Climate Action: At COP31, Vice-President Alix Sebastien Pillay warned that climate change threatens Seychelles’ security, economy and survival, and called for stronger loss-and-damage funding that does not deepen island nations’ debt. La Digue Projects: President Patrick Herminie inspected completed coastal protection and waste-management works worth about SCR8.9 million; further proposed and ongoing developments on the island represent more than SCR247 million in investment. Renewable Energy: Seychelles has launched its first marine floating solar pilot at Providence Port, with support from the Fisheries Authority. Politics: Former president Wavel Ramkalawan said revoking overflight clearance for Taiwan’s president in April was “totally wrong” and should not happen again. Finance: Seychelles-based crypto exchange MEXC faces a US order barring covered financial institutions from sending it funds or receiving them, following allegations of illicit transactions.
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