Sustainability and Competitiveness DPL 3

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The objectives of the Third Sustainability and Competitiveness Development Policy Loan Project for Seychelles are to enhance competitiveness and improve fiscal sustainability. To achieve those objectives, this loan supports actions that will: (i) improve private sector business environment; (ii) improve transparency in key economic sectors; (iii) improve expenditure efficiency; (iv) improve targeting, automation and monitoring and evaluation in the social protection system; and (v) ensure cost recovery and long-term financial sustainability of utilities. The main policy areas of the operation are business environment, fiscal transparency and accountability, social protection, public expenditure efficiency.