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General Overview

The Republic of Seychelles comprises 115 islands occupying a land area of 455 km² and an Exclusive Economic Zone of 1.4 million km² in the western Indian Ocean. It represents an archipelago of legendary beauty that extends from between 4 and 10 degrees south of the equator and which lies between 480km and 1,600km from the east coast of Africa. Of these 115 islands, 41 constitute the oldest mid-oceanic granite islands on earth while a further 74 form the low-lying coral atolls and reef islands of the Outer Islands.

The granitic islands of the Seychelles archipelago cluster around the main island of Mahé, home to the international airport and the capital, Victoria, and its satellites Praslin and La Digue.

The Seychelles National flag of the third republic is made of five oblique bands of blue, yellow, red, white and green representing a young country moving in the new future.

The colour blue depicts the sky and the sea that surrounds us, yellow is for the sun which gives light and life, red symbolizes the people and its determination to work for the future in unity and love, whilst the white band represents social justice and harmony, the green depicts the land and the natural environment.

Demographics

As the islands of the Seychelles had no indigenous population; the current Seychellois are composed of people who have immigrated to the island. The largest ethnic groups are those of French, African, Indian, and Chinese descent. French and English are official languages along with Seychellois Creole, which is primarily based upon French. According to the 2002 census, most Seychellois are Christians: 82.3% are Catholic, 6.4% are Anglican, and 4.5% are of other Christian denominations. There are also Hindu minorities of 2.1% and Muslim minorities of 1.1% respectively. Other non-Christian faiths account for 1.5% of the population while a further 2.1% were non-religious or did not specify a religion.

Population: 87,476 (July 2009 Est)

Economy

Since independence in 1976, per capita output in this Indian Ocean archipelago has expanded to roughly seven times the pre-independence, near-subsistence level, moving the island into the upper-middle income group of countries. Growth has been led by the tourist sector, which employs about 30% of the labor force and provides more than 70% of hard currency earnings, and by tuna fishing. In recent years, the government has encouraged foreign investment to upgrade hotels and other services. At the same time, the government has moved to reduce the dependence on tourism by promoting the development of farming, fishing, and small-scale manufacturing. Sharp drops illustrated the vulnerability of the tourist sector in 1991-92 due largely to the Gulf War and once again following the 11 September 2001 terrorist attacks on the US. Economic growth slowed in 1998-2002 and fell in 2003-04, due to sluggish tourist and tuna sectors, but resumed in 2005-07. Real GDP grew by 5.8% in 2007, driven by tourism and a boom in tourism-related construction. The Seychelles rupee was allowed to depreciate in 2006 after being overvalued for years and fell by 10% in the first 9 months of 2007. Despite these actions, the Seychelles economy is struggling to maintain its gains and in 2008 suffered from food and oil price shocks, a foreign exchange shortage, high inflation and large financing gaps. In July 2008 the government defaulted on a Euro amortizing note worth roughly US$80 million, leading to a downgrading of Seychelles credit rating. Seychelles requested an IMF Stand-By Agreement in December 2008.

GDP (purchasing power parity): $1.473 billion (2008 est.)
GDP - real growth rate: 3.1% (2008 est.)
GDP - per capita (PPP): $17,000 (2008 est.)
Exports: $425 million
Imports: $952 million

Government

The Seychelles president, who is both head of state and head of government, is elected by popular vote for a five-year term of office. The previous president, France Albert René, first came to power in a coup d'état in 1977, one year after independence. He was democratically elected after the constitutional reforms of 1992. He stood down in 2004 in favour of his vice-president, James Michel, who was re-elected in 2006. The cabinet is presided over and appointed by the president, subject to the approval of a majority of the legislature.

The unicameral Seychellois parliament, the National Assembly or Assemblée Nationale, consists of 34 members, of whom 25 are elected directly by popular vote, while the remaining nine seats are appointed proportionally according to the percentage of votes received by each party. All members serve five-year terms.

Politics is a topic of hot debate in the country. The main rival parties are the Seychelles People's Progressive Front (SPPF) and the Seychelles National Party (SNP). Politics has been an integral part of the lives of the Seychellois since its inception in the early sixties. The range of opinion spans socialist and liberal democratic ideology.

The Seychelles are part of the Indian Ocean Commission (IOC), La Francophonie and the Commonwealth of Nations.

The Seychelles performed excellently on the 2008 Ibrahim Index of African Governance, ranking 2nd out of 48 sub-Saharan African countries. Particularly good were its scores in Safety and Security, Participation and Human Rights, and Human development. The Ibrahim Index is a comprehensive measure of African governance, based on a number of different variables which reflect the success with which governments deliver essential political goods to its citizens

Districts of Seychelles

Seychelles is divided into twenty-five administrative regions that comprise all of the inner islands. Eight of the districts make up the capital of Seychelles and are referred to as Greater Victoria. While another 14 districts are considered the rural part of the main island of Mahé with two districts on Praslin and one on La Digue which also includes respective satellite islands. The rest of the Outer Islands are not considered part of any district.

References
Seychelles Government Official Website
National Statistics Bureau
Central Intelligence Agency (CIA) - The World Factbook
Wikipedia - The Free Encyclopedia


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