Seychelles’ IBRD loans: Sustaining growth in a tourism-led economy amid climate vulnerabilities |14 November 2025

Seychelles’ IBRD loans: Sustaining growth in a tourism-led economy amid climate vulnerabilities

By Sunny Esparon

As of October 31, 2025, the International Bank for Reconstruction and Development (IBRD), the lending arm of the World Bank, reports that Seychelles maintains several active loans whose aggregated principal commitments reflect the country’s continued use of multilateral financing to stabilise growth and enhance resilience. Although individual loan data fluctuate as disbursements progress, Seychelles’ current borrowing profile remains consistent with its upper-middle-income status — moderate, strategically targeted, and fiscally disciplined. These loans support the government’s broader macroeconomic strategy of sustaining recovery from global shocks and building buffers against climate and external vulnerabilities.

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