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"Macroeconomic performance continued to be strong in 2017. Economic growth is estimated to have exceeded 5.0 percent," IMF mission chief Amadou Sy said in a statement issued on Tuesday.
It said inflation in the Indian Ocean country reached 3.5 percent by the end of 2017.
Inflation in the Seychelles rose to 4.88 percent year-on-year in February from 4.5 percent a month earlier.
IMF said Seychelles' economy outlook for 2018 remained positive but added it was still vulnerable to external factors that could affect tourism.