Budget Allocation

The Ministry of Finance, National Planning, and Trade has allocated a budget for the Seychelles Maritime Safety Authority (SMSA) for 2025. According to the Appropriation Bill, 2024, the SMSA has been allocated a budget of R14,880,000.

The SMSA’s budget will be used to fund its various activities, including:

Safety inspections and surveys: To ensure the safety of ships and crew, as well as to prevent pollution and protect the marine environment.
Marine pollution prevention and response: To prevent and respond to marine pollution incidents, including oil spills and other hazardous substances.
Search and rescue operations: To coordinate search and rescue operations in Seychelles’ waters.
Maritime security: To enhance maritime security and prevent illegal activities, such as piracy and smuggling.

Objectives of the Budget Allocation

The budget allocation for the SMSA aims to achieve the following objectives:

Improve maritime safety: By enhancing the safety of ships and crew, as well as preventing pollution and protecting the marine environment.
Enhance maritime security: By preventing and responding to maritime security threats, such as piracy and smuggling.
Support economic development: By facilitating the growth of the maritime sector, including shipping, fishing, and tourism.

Conclusion

The budget allocation for the Seychelles Maritime Safety Authority in 2025 reflects the government’s commitment to ensuring the safety and security of Seychelles’ waters. The allocation will enable the SMSA to carry out its mandate effectively, supporting the growth of the maritime sector and contributing to the country’s economic development.