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Seychelles may fail to pay wages

Seychelles may fail to pay wages

SEYCHELLES is struggling to raise funds to pay public workers and the government plans to raise $212 million to plug its budget deficit, the finance minister has said. Seychelles' economy is heavily dependent on tourism and the sector was hit hard in 2020 by COVID-19 that led to travel restrictions worldwide to contain the virus's spread. Finance Minister Naadir Hassan was quoted as saying on the Seychelles News Agency that the government's financial situation was dire. "Since the start of the year the amount of money in the government's coffer, from which it makes all of its expenses, has been…
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