Results for debt-swap

The Seychelles, a string of 115 verdant, rocky islands in the Indian Ocean, recently announced – in the midst of the coronavirus pandemic – that it would protect 30% of its glittering turquoise waters from commercial use - made possible through an innovative debt-swap deal – that will also bolster the health, wellbeing, and prosperity of the Seychellois, who number under 100,000 but cater to more than 350,000 visitors each year. - By Enric Sala