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Finance Commission Holds Hearings with Various Ministries

Key objectives of the 2025 budget The Finance Commission organized hearings with state ministries and institutions ahead of the adoption of the 2025 finance bill in

2025 Budget Reviewed in the Finance Bill

Main Goal : Increasing revenue The 2025 Finance Bill is under review at the National Assembly, with a plenary vote scheduled for Friday. The bill aims

Mobile Transaction Tax in Madagascar

Boosting Government Revenue As part of the 2025 Finance Bill, Madagascar plans to introduce a tax on mobile transactions. This initiative aims to broaden the tax

seychelles budget 2025 financial

2025 Budget : Proposed Salary Increases

Enabling Citizens to Reap the Rewards of Their Hard Work Seychelles’ 2025 budget proposes a 7 % monthly minimum wage increase for civil servants earning less

madagascar taxes NIFONLINE

Taxpayers : Mandatory Update of Information

One-month deadline for taxpayers The Directorate General of Taxes (DGI) is urging taxpayers to update their tax information using the « Nifonline » platform. According to

Projected budget : Reducing debt by 50 % by 2029

Boosting economic performance Seychelles’ BB- credit rating with a positive outlook signals a bright economic future, according to a senior government official, who pointed to solid

madagascar VAT GEFP financial

Issues regarding VAT arrears reignited

Seeking a mutual interest agreement The Minister of Industrialization and Trade, David Ralambofiringa, recently held a meeting with the Group of Free Enterprises and Partners (GEFP).

madagascar AFG Holding Acces Banque

Five access subsidiaries acquired by AFG Holding

Aiming to become an integrated Pan-African Banking Group Atlantic Financial Group (AFG), based in Côte d’Ivoire, has acquired the microfinance operations of five Access Group subsidiaries,

seychelles central bank interest rate

Key interest rate maintained at 1.75 % by Central Bank

Economy driven by tourism In the last quarter of 2024, the Central Bank of Seychelles (CBS) announced that it would maintain its accommodative monetary policy while

seychelles banking financial

Soon the end of financial transactions by check

Ongoing discussions with economic stakeholders As of May 1, 2025, the Seychelles will begin phasing out checks in financial transactions, aiming to shift its financial system

madagascar economy microfinance

Support for microfinance institutions

Expanding agencies into rural areas By the end of 2023, the 16 member institutions of the Professional Association of Microfinance Institutions (APIMF) had a client base

seychelles virtual assets

Virtual Assets : National assembly approves the bill

Adhering to detailed and strict criteria A new bill has been unanimously passed by the Seychelles National Assembly to regulate virtual asset providers.The bill was submitted by the