Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1694421956946.pdf (Seychelles)
[23rd May 2022] Supplement to Official Gazette 307 S.I.

69 of 2022 PUBLIC DEBT MANAGEMENT ACT (Cap 302) International Bank for Reconstruction and Development — Strengthening Quality of the Social Protection System Program Debt Order, 2022 In exercise of the powers conferred by section 28 of the Public Debt Management Act, the Minister responsible for Finance makes the following order — Citation 1.
This order may be cited as the International Bank for Reconstruction and Development — Strengthening Quality of the Social Protection System Program Debt Order, 2022.

The loan 2.
The loan 2.

The Minister responsible for Finance has, in accordance with the provisions of section 4 of the Public Debt Management Act raised a loan for and on behalf of the Government from the International Bank for rd Reconstruction and Development as an under an agreement dated the 23 April, 2021the particulars of which are stated in paragraph 3.

Particulars 3.
The particulars of the Loan Agreement referred to in paragraph 2 are as follows — (a) Parties to the: transaction: (i) International Bank for Reconstruction and Development; (ii) Republic of Seychelles; (b) Amount of facility: USD30,000,000/- (United State Dollars Thirty Million only); (c) Purpose of the Facility: To strengthen the efficiency and effectiveness of social protection programs; 308 Supplement to Official Gazette [23rd May 2022] (d) Terms of repayment: Payable semi-annually on each 15 th February and 15 August beginning 15 August, 2026 to 15 February, 2036; th th th (e) Interest payable: (f) Manner to be accounted for: (g) Other particulars: The Reference Rate plus the Variable spread or such rate as may apply following a conversion; To be treated as financing; Other particulars are contained in the Loan Agreement.
MADE this 12 day of May, 2022. th NAADIR HASSAN MINISTER OF FINANCE, NATIONAL PLANNING AND TRADE ———————