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Seychelles first time credit cards guide, First-time home buyers.
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England Description Seychelles
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A lengthy struggle inserted France in like manner Great Britain inasmuch as the islands drop in 1814, when they were grant to the latter. Independence occur in 1976. Socialist rule was force to a screen with a new habitus as well as free-spirited purpose in 1993. President France-Albert RENE, who jockey served since 1977, was re-elected in 2001, excepting stepped not functioning in 2004. Vice President James MICHEL took over the presidency furthermore in July 2006 was settle to a new five-year term.
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Location
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archipelago in the Indian Ocean, northeast of Madagascar
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Geographic Coordinates
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4 35 S, 55 40 E
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Area - comparative
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2.5 times the size of Washington, DC
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Coast line
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491 km
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Climate
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tropical marine; humid; reserved season for the duration southeast monsoon (late May to September); warmer season from one end to the other northwest monsoon (March to May)
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Terrain Seychelles
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Mahe Group is granitic, narrow hydrographic strip, rocky, hilly; others remain alive coral, flat, modify reefs
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Natural Resources Seychelles
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fish, copra, coffee trees
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Irrigated land
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NA
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Total Renewable Water Resources
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Natural Hazards
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lies outside the monsoon belt, so severe storms persist rare; short dearth possible
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Environment Currentissues
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water supply locate on catchments to huddle H2O
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Geography Note
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41 granitic further in either way 75 coralline islands
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Population Seychelles
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88,340 (July 2010 est.)
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Population growth rate
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0.966% (2010 est.)
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Birth Rate
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15.53 births/1,000 population (2010 est.)
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Death Rate
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6.92 deaths/1,000 population (July 2010 est.)
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Netmigration Rate
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1.04 migrant(s)/1,000 population (2010 est.)
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Total Fertility Rate
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1.92 youngster born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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NA
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Hiv/Aids People living with hiv/aids
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NA
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Hiv/Aids Deaths
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NA
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Religions
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Roman Catholic 82.3%, Anglican 6.4%, Seventh Day Adventist 1.1%, other Christian 3.4%, Hindu 2.1%, Muslim 1.1%, other non-Christian 1.5%, unspecified 1.5%, none 0.6% (2002 census)
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Languages
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Creole 91.8%, English 4.9% (official), other 3.1%, unspecified 0.2% (2002 census)
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Education Expenditures
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6.5% of GDP (2006)
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Government Type
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23 executive districts; Anse aux Pins, Anse Boileau, Anse Etoile, Anse Louis, Anse Royale, Baie Lazare, Baie Sainte Anne, Beau Vallon, Bel Air, Bel Ombre, Cascade, Glacis, Grand' Anse (on Mahe), Grand' Anse (on Praslin), La Digue, La Riviere Anglaise, Mont Buxton, Mont Fleuri, Plaisance, Pointe La Rue, Port Glaud, Saint Louis, Takamaka
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Administrative Divisions
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republic
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Independence
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Constitution Day (National Day), 18 June (1993)
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National Holiday
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18-Jun-93
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Constitution
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based on English immoral law, French impassive law, as well as trite law; has not established foreordained ICJ jurisdiction
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Legal System
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17 years of age; universal
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Suffrage
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unicameral National Assembly or Assemblee Nationale (34 seats; 25 members pin on by means of popular vote, 9 apportion on a proportional tenor to parties winning ripped least 10% of the vote; members to serve five-year terms)
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Legislative Branch
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Court of Appeal; Supreme Court; judges conducive to the couple enchant prevail cast cheek by jowl the president
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Political Partie Sand Leaders
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Roman Catholic Church
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Political Pressure Group Sand Leaders
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ACP, AfDB, AOSIS, AU, C, COMESA, FAO, G-77, IAEA, IBRD, ICAO, ICCt (signatory), ICRM, IFAD, IFC, IFRCS, ILO, IMF, IMO, InOC, Interpol, IOC, ISO (correspondent), ITU, ITUC, MIGA, NAM, OIF, OPCW, SADC, UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO (observer)
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International Organization Participation
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five oblique tie-in of risqué (hoist side), yellow, red, white, still sea (bottom) radiate past the ground of the hoist side; the oblique wire last meant to symbolize a happy new up country moving into the future; despondent represents sky furthermore sea, yellow the sun deliver light also life, red the peoples' determination to work cotton to the kismet in unity likewise love, white social justice amassed harmony, grass the land besides natural environment
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Flag Description
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Since independence in 1976, per capita output in this Indian Ocean archipelago has bilge to roughly seven times the pre-independence, near-subsistence level, moving the island into the upper-middle income bring together of countries. Growth has live led abreast of the tourist sector, which truck with in the region of 30% of the labor determination besides provides more than 70% of hard stuff* earnings, as well as round tuna fishing. In recent years, the authority has inform external investment to upgrade lodge more than that other services. At the same time, the jurisdiction has moved to reduce the gain on tourism at the hand of promoting the growth of farming, fishing, furthermore small-scale manufacturing. GDP uplift relatively 7-8% per year in 2006-07, plunge in company with tourism still a pile in tourism-related construction. The Seychelles rupee was recognize to make bring returns in 2006 in advance of journey overvalued exact years too many lower beyond 10% in the cool* 9 months of 2007. Despite these actions, the Seychelles regulation has struggled to maintain its complete exceeding in 2008 suffered regional nutriment farther oil price shocks, a unfamiliar swap shortage, overconfident inflation, large resources gaps, the terrene recession. In July 2008 the patronage leave town on a Euro amortizing note worth roughly US$80 million, leading to a pauperize of Seychelles pat on the back rating. Seychelles requested an IMF Stand-By Agreement in December 2008. In 2009, GDP happen nearly 9% just deserts to balk tourism.
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Economy Overview
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GDP (Purchasing Power Parity)
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GDP (Official Exchange Rate)
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-8.7% (2009 est.)
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GDP Real Growth Rate
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39,560 (2006)
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GDP Per Capita (PPP)
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2% (2006 est.)
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Labor Force
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NA%
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Unemployment Rate
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Population Below Poverty Line
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Distribution Of Family Income
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63.2% of GDP (2009 est.)
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Unvestment Gross Fixed
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Inflation Rrate
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11.81% (31 December 2008)
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Central Bank Discount Rate
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$173.1 million (31 December 2008)
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Commercial Bank Prime Lending Rate
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$185.2 million (31 December 2008)
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Stock Of Money
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$375.6 million (31 December 2008)
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Stock Of Quasi Money
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$NA
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Stock Of Domestic Credit
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coconuts, cinnamon, vanilla, sweet potatoes, cassava (tapioca), bananas; poultry; tuna
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Market Value Of Publicly Traded Shares
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fishing, tourism, processing of cranium again vanilla, coir (coconut fiber) rope, coast building, printing, furniture; beverages
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Agriculture - Products
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-2% (2009 est.)
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Industries
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250 million kWh (2007 est.)
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Industrial Production Growth Rate
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232.5 million kWh (2007 est.)
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Electricity Production
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0 kWh (2008 est.)
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Electricity Consumption
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0 kWh (2008 est.)
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Electricity Exports
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0 bbl/day (2008 est.)
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Electricity Imports
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7,000 bbl/day (2008 est.)
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Oil Production
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0 bbl/day (2007 est.)
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Oil Consumption
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7,653 bbl/day (2007 est.)
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Oil Exports
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0 bbl (1 January 2009 est.)
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Oil Imports
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0 cu m (2008 est.)
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Oil Proved Reserves
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0 cu m (2008 est.)
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Natural Gas Production
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0 cu m (2008 est.)
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Natural Gas Consumption
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0 cu m (2008 est.)
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Natural Gas Exports
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0 cu m (1 January 2009 est.)
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Natural Gas Imports
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-$170 million (2009 est.)
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Natural Gas Proved Reserves
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$428 million (2009 est.)
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Current Account Balance
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canned tuna, troubled fish, chocolate bark, copra, petroleum products (reexports)
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Exports
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UK 21.1%, France 19.1%, Mauritius 10.1%, Japan 7.9%, Italy 7.8%, Netherlands 6% (2008)
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Exports Commodities
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$703 million (2009 est.)
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Exports Partners
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machinery on top of equipment, foodstuffs, petroleum products, chemicals
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Imports
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Saudi Arabia 17.2%, Singapore 12.2%, France 10.1%, Spain 8%, Germany 7%, India 6.9%, South Africa 4.6% (2008)
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Imports Commodities
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$197 million (31 December 2009 est.)
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Imports Partners
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$1.25 loads (31 December 2009 est.)
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Reserves Of Foreign Exchange and Gold
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Debt - External
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Radio Broadcast Stations
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AM 1, FM 1, shortwave 2 (2001)
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Television Broadcast Stations
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2 (plus 9 repeaters) (1997)
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Internet Country Code
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.sc
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Airports
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14 (2009)
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Military Service Age and Obligation
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18 years of ripen cry out for voluntary military service (younger with parental consent); no entrance (2008)
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