Seychelles Struggles to Pay Wages as Covid-19 Hits Tourism
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Seychelles is struggling to pay state workers as the government faces a revenue shortfall triggered by the coronavirus pandemic.
The Treasury ran out of cash this month as tourists, the nation’s main source of income, stayed away because of the Covid-19 disease. The slump in arrivals forced the government to borrow 500 million Seychellois rupees ($23.6 million) from the central bank to cover immediate expenses, according to Finance minister Naadir Hassan.