The Department of the Blue Economy (DBE) has strengthened its institutional collaboration with the Seychelles Revenue Commission (SRC) and the Registration Division through the signing of Memoranda of Understanding (MoUs), aimed at improving access to and the use of administrative data to support the development of Seychelles’ Blue Economy.
The agreements mark an important step towards strengthening the availability, quality and use of reliable data to better understand and measure the contribution of Blue Economy activities to the national economy.
The MoU with the Seychelles Revenue Commission establishes a framework for cooperation in the collection, exchange and analysis of relevant administrative and economic data. This collaboration will support the Department’s efforts to improve the assessment of the Blue Economy’s contribution to Seychelles’ Gross Domestic Product (GDP), while strengthening the evidence base for policy development, economic planning, monitoring and reporting.
The partnership recognises the importance of relevant economic information, including data relating to revenue, trade and other activities associated with the Blue Economy. Improved access to such information will help the Department develop a clearer picture of the sector’s economic performance and its contribution to national development.
The collaboration with the Registration Division further reinforces the Department’s efforts to strengthen the use of administrative information in understanding the structure and development of Blue Economy-related activities. Access to relevant registration data will support a more comprehensive understanding of the businesses and economic operators active within the sector.
Together, the two agreements reflect DBE’s commitment to strengthening inter-institutional cooperation and establishing a more systematic approach to data collection, sharing and analysis. They also recognise that effective Blue Economy planning and decision-making require reliable information and coordinated efforts across government institutions.
As Seychelles continues to advance its Blue Economy agenda, the availability of accurate and comprehensive economic data is essential for identifying growth opportunities, assessing the sector’s performance, guiding investment and developing policies that respond to the needs of the industry.
The Department of the Blue Economy looks forward to working closely with the Seychelles Revenue Commission and the Registration Division to operationalise the agreements and strengthen the evidence base for a more informed, resilient and sustainable Blue Economy.
