LYCOS RETRIEVER
Seychelles: La Digue
built 635 days ago
The pirates who used to make the Seychelles their lair have long departed, leaving behind legends of buried treasure waiting to be unearthed by diligent explorers. However, it soon becomes apparent to most visitors shortly after arriving that they won't have to do much digging - the treasures are all around them.
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La République des Seychelles est un archipel de 115 îles, situé dans l'océan Indien et rattaché au continent africain. Toutes ces îles sont regroupées en un État dont l'île principale est Mahé.
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It is important to note that Seychelles is, per capita, the most highly indebted country in the world according to the World Bank, with total public debt around 122.8% of GDP. Approximately two thirds of this debt is owed domestically, with the balance due to multi laterals, bi laterals, and commercial banks. Current external debt is estimated at 35.5% according to the IMF (2007). The country is in arrears to most of its international creditors and has had to resort to pledged commercial debt to continue to be able to borrow. This high debt burden is a direct consequence of the overvalued exchange rate — in essence, the country is living beyond its means, and financing its lifestyle by borrowing domestically and internationally.
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To increase revenue, in 1996 the government quietly initiated an Economic Citizenship Program that provides foreigners with the opportunity to obtain a Seychelles passport upon payment of $25,000. A new law in late 1995 had granted immunity from criminal prosecution to anyone investing $10 million in the country.
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Tap water is safe to drink in most areas of the Seychelles, but water quality is variable in undeveloped areas. It is recommended to drink bottled water only and to avoid bodies of fresh water like lakes, rivers, ponds, etc.
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