Seychelles’ President James Michel has been successful in his bid for a 2nd full term after beating 3 opposition candidates. Michel is expected to continue the economic reforms that have been started over recent years. These will include floating the Seychelles rupee against major currencies and continuing an overhaul of the tax system.
Despite the fact that Michel’s main rival, Wavel Ramkalawan, an Anglican priest, accused the President of corruption, it was reported that voting was peaceful and orderly. The majority of the 70 000 registered voters participated in the elections on the 3 main islands, while those who live on more than 100 other islands cast their vote over a period of days prior to the final day of polling.
In his address to the nation immediately following the results, Michel vowed to press on with reforms in order to improve the offshore jurisdiction’s economy.
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