The Bank said Thursday the country grew by 6 percent in 2005, a day after the Finance Ministry said it grew by 6.2 percent last year.
"Sri Lanka's economy demonstrated its resilience once again in 2005 by growing at a rate of 6 per cent, exceeding the expectations in the immediate aftermath of the tsunami disaster of 2004," the Central Bank said .
"Inflation was subdued mainly through prudent monetary policy measures supported by favourable developments in aggregate supply.
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Inflation declined from a peak 15.9 per cent in February 2005, to reach 8 per cent by December 2005.
Central Bank says maintaining macro-economic stability is essentially to developing a conducive environment for markets to operate effectively, and economy to remain stable.
For this better fiscal policy was needed.
In 2005, Sri Lanka's budget deficit was 8.
7 percent of GDP.
"Further improvements are needed in the fiscal policy to contain the primary and current account deficits thereby generating sur