Economic Transformation Strategy

CHAPTER 2 / BROAD STRATEGY FOR DEVELOPMENT For the successful implementation of the national development agenda, Seychelles will need to become a high-value economy that embraces diversification as presented by opportunities in science, technology and innovation, the blue economy and human capital development, among others. In addition to a socioeconomic transformation, fundamental changes in the traditional approach to development will be the cornerstone of the way forward. One key priority, given our current socioeconomic challenges, is the need to change mind sets to promote a more productive and responsible nation with higher moral and spiritual values. It calls for the involvement of all stakeholders that is at once, public, private and from civil society, as well as en- gagement and collaboration with regional and international partners in our development process. In doing so, we will safeguard our Creole culture and sustain our leadership role in the preservation and conservation of the environment which is key to the sustainability of our tourism and fisheries industry. 2.1 The six thematic pillars The National Development Strategy 2019-2023 is supported by six key pillars. The pillars which represent the areas of focus for the NDS are: i.) Good governance ii.) iii.) People at the centre of development Social cohesion iv.) Innovative economy v.) Economic transformation vi.) Environmental sustainability and resilience These pillars are in line with the 17 goals of the 2030 Agenda for Sustainable Development and Agenda 2063. NATIONAL DEVELOPMENT STRATEGY / (2019-2023) FA 8888 686 good governance peolple at the centre of development social cohesion innovative economy economic transformation environmental sustainbility & resilience Strong moral & spiritual values Upholding of the Creole and island culture Centrality of environmental sustainability & resilience Government plays a strong enabling & facilitating role Excellent delivery of Public Sector Services Empowered, adaptive, responsible & sustainable communities Embrace new relevant and appropriate technology underpins solutions (technological solutions) Conducive environment for global partnerships in relevant science & technology Democratic, accountable & transparent governance Inclusivity & social cohesion People-centred development Private sector led economic growth 37

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