OFFICE OF THE PRESIDENT
PRESS RELEASE
05.07.2012
NATIONAL ECONOMIC COUNCIL MEETING
President James Michel chaired the 5th meeting of the National Economic Council at State House this morning.
The
Council continued to address strategies for maximising Government
revenue by ensuring that revenue from tourism and other activities enter
the Seychelles economy and that taxes due are collected efficiently.
The
Council urged private sector organisations to contribute more actively
to community development through their program of social corporate
responsibility.
The
Council was briefed on the factors affecting the price fuel on the
local market as well as SEYPEC’s strategy for importing, stocking and
distributing fuel and LPG in the most cost effective manner.
The
Council discussed the employment situation and the need to strengthen
the Human Resource Development capacity of the country to localise as
many posts as possible. The need for accurate national statistics and
the forthcoming Household Budget Survey were also discussed.
Strategies to tackle the problem of traffic congestion as well as policy options to ease the situation were raised.
The
Council meets monthly to advise Government on strategies for the public
and private sectors to work together for national economic development.
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