§ 78. Mr. T. Reid
asked the Secretary of State for the Colonies if the Colony of Seychelles still relies mainly on the coconut palm industry as in the past, or if a more balanced industrial economy has now been established
§ Mr. Georģe Hall
Seychelles is still primarily dependent on the coconut industry which in 1945 comprised nearly two-thirds of her exports and was valued at nearly £150,000. The possibilities of economic development was considered in 1945 after a Report had been submitted by an agricultural expert. In view of the rock nature of the islands it has not been possible to achieve any substantial variation of agricultural industries and coconuts still remain the dominant export.