President James Michel’s State-of-the-Nation address 2015
Posted: Fri Feb 27, 2015 7:11 pmPresident James Michel’s State-of-the-Nation address 2015
‘Seychelles, a nation on the move’
President James Michel delivered his 11th State-of-the-Nation Address to the Seychelles National Assembly yesterday afternoon, placing emphasis on the principles of patriotism, empowerment, national unity, social harmony, solidarity, entrepreneurial spirit, and family values for the development of Seychelles’ economic and social wellbeing.
Mr Michel said the world economy in 2014 remained fragile, with a particularly poor performance in the Euro zone which impacted negatively on the Seychelles economy, which relies mainly on tourism, where the gross domestic product (GDP) was 2.8% – smaller than was predicted – mainly because of a reduction in activities related to tourism and industrial production.
He said that 2014 was a year of challenges for the tourism sector. Although there was a 1% increase in the number of tourists, there was a reduction of 3% in the number of visitors from Europe, estimating that tourism revenues were 5% lower in 2014 than in the preceding year.
In terms of expansion in the tourism sector, Mr Michel said that there was an increase in the number of hotel establishments from 426 in 2013 to 467 in 2014. Over 60% of those establishments are owned or managed entirely by Seychellois.
Concerning the balance of payments, the Seychelles deficit in 23% of the Gross National Product, with foreign exchange reserves rising from US $425 million in 2013 to US $464 million in 2014. This represents the equivalent of four months importation, compared to 2008, when the foreign exchange reserves represented the equivalent of only three weeks' importation.
With regard to external debt payments, foreign exchange reserves represent about 94% of the external debt.
http://www.nation.sc/article.html?id=244648
State-of-the-Nation Address by President James Alix Michel, February 26, 2015
27-February-2015
President Michel delivering his State-of-the-Nation address yesterday‘Let us rededicate ourselves to the progress of our country and the wellbeing of our people’
http://www.nation.sc/article.html?id=244649
Comment - What say, we had gone to the police in 1960's and told them what we knew about then SPUP/today SPPF/PL - FA Rene could/would have found himself behind bars or a very big scandal and that super load of Manure and his people just will not change.
They just go on cashing and creaming off everything.
When we wrote that SIROP program in 1987 - we had spent some 6 years or more studying the issues of those governments be it the USA, Germany, France Britain propaganda and Italy Second world war and the Cold War. . Just because SPPF/PL have been dealing with a populace who just do not realize they have been taken for a very long ride the issues of that SIROP program is creating and causing major embarrassment to several leading nations and they have giant resources and yet in Seychelles how they just keep on the charade. - nobody question them those form the SCCI are a bunch of ..... no country can go on working with /upon such highly corrupted formula. Unless they have become better that Columbia or Sicily or Russia itself. What must we do to tell you President J A Michel that shirt you are wearing is not yours polite spoken.
Do not say we have a very filthy mouth and we will be taken to Grand bassin to get our mouth wash. The corruption issues we have addressed at that SIROP website is just a pin head. ( In France alone having addressed the issues of the Nord Pas de Calais development - we helped President FA Mitterrand to put that mega project together and other highly important economic issues and those coming from Reunion to Seychelles and the fishing Industry isues, from a technical approach once you have been involved in such high process/workings/participations, useless you/one is hit by illness/calamity or the such - the ability to use past experience to build on bigger and more complex projects/currently. The former Carrefour business model now being taken over - staling the shell of another Crab we say this in Old Seychelles. In Seychelles we have a major situation - "the concept/approach of having learned/teach monkey to eat nugat Tante Falvie Jackson will retort" - meaning the psychological mode surrounding business, economic and financial approach among our black brothers and sisters in Seychelles. In Sri lanka, those who have worked hard to get the government Leaders to Account and Mauritius, they had set the same mode in place/ yet Seychelles, then we get those form UN, EU, African Union and the USA loosing their marble at us and our workings - if this persist we will have to adopt an very African approach and they had all better learn . ) President Reagan and Bush Senior know and ought to know too well.
Given the nature of corruption Dr Ramgoolam you are a fool - judge you were wiser- you are being very daft, failing - when they opened that safe and other big suitcase President J A Michel should have been in there - the Mauritius police would have had a good laugh all Police enjoy a good laugh/joke.
All those in Seychelles who think we are doing great/super why are we at this juncture
‘Seychelles, a nation on the move’
President James Michel delivered his 11th State-of-the-Nation Address to the Seychelles National Assembly yesterday afternoon, placing emphasis on the principles of patriotism, empowerment, national unity, social harmony, solidarity, entrepreneurial spirit, and family values for the development of Seychelles’ economic and social wellbeing.
Mr Michel said the world economy in 2014 remained fragile, with a particularly poor performance in the Euro zone which impacted negatively on the Seychelles economy, which relies mainly on tourism, where the gross domestic product (GDP) was 2.8% – smaller than was predicted – mainly because of a reduction in activities related to tourism and industrial production.
He said that 2014 was a year of challenges for the tourism sector. Although there was a 1% increase in the number of tourists, there was a reduction of 3% in the number of visitors from Europe, estimating that tourism revenues were 5% lower in 2014 than in the preceding year.
In terms of expansion in the tourism sector, Mr Michel said that there was an increase in the number of hotel establishments from 426 in 2013 to 467 in 2014. Over 60% of those establishments are owned or managed entirely by Seychellois.
Concerning the balance of payments, the Seychelles deficit in 23% of the Gross National Product, with foreign exchange reserves rising from US $425 million in 2013 to US $464 million in 2014. This represents the equivalent of four months importation, compared to 2008, when the foreign exchange reserves represented the equivalent of only three weeks' importation.
With regard to external debt payments, foreign exchange reserves represent about 94% of the external debt.
http://www.nation.sc/article.html?id=244648
State-of-the-Nation Address by President James Alix Michel, February 26, 2015
27-February-2015
President Michel delivering his State-of-the-Nation address yesterday‘Let us rededicate ourselves to the progress of our country and the wellbeing of our people’
http://www.nation.sc/article.html?id=244649
Comment - What say, we had gone to the police in 1960's and told them what we knew about then SPUP/today SPPF/PL - FA Rene could/would have found himself behind bars or a very big scandal and that super load of Manure and his people just will not change.
They just go on cashing and creaming off everything.
When we wrote that SIROP program in 1987 - we had spent some 6 years or more studying the issues of those governments be it the USA, Germany, France Britain propaganda and Italy Second world war and the Cold War. . Just because SPPF/PL have been dealing with a populace who just do not realize they have been taken for a very long ride the issues of that SIROP program is creating and causing major embarrassment to several leading nations and they have giant resources and yet in Seychelles how they just keep on the charade. - nobody question them those form the SCCI are a bunch of ..... no country can go on working with /upon such highly corrupted formula. Unless they have become better that Columbia or Sicily or Russia itself. What must we do to tell you President J A Michel that shirt you are wearing is not yours polite spoken.
Do not say we have a very filthy mouth and we will be taken to Grand bassin to get our mouth wash. The corruption issues we have addressed at that SIROP website is just a pin head. ( In France alone having addressed the issues of the Nord Pas de Calais development - we helped President FA Mitterrand to put that mega project together and other highly important economic issues and those coming from Reunion to Seychelles and the fishing Industry isues, from a technical approach once you have been involved in such high process/workings/participations, useless you/one is hit by illness/calamity or the such - the ability to use past experience to build on bigger and more complex projects/currently. The former Carrefour business model now being taken over - staling the shell of another Crab we say this in Old Seychelles. In Seychelles we have a major situation - "the concept/approach of having learned/teach monkey to eat nugat Tante Falvie Jackson will retort" - meaning the psychological mode surrounding business, economic and financial approach among our black brothers and sisters in Seychelles. In Sri lanka, those who have worked hard to get the government Leaders to Account and Mauritius, they had set the same mode in place/ yet Seychelles, then we get those form UN, EU, African Union and the USA loosing their marble at us and our workings - if this persist we will have to adopt an very African approach and they had all better learn . ) President Reagan and Bush Senior know and ought to know too well.
Given the nature of corruption Dr Ramgoolam you are a fool - judge you were wiser- you are being very daft, failing - when they opened that safe and other big suitcase President J A Michel should have been in there - the Mauritius police would have had a good laugh all Police enjoy a good laugh/joke.
All those in Seychelles who think we are doing great/super why are we at this juncture