Sri Lanka, March 3 -- As Sri Lanka transitions from economic stabilisation to growth acceleration following its worst economic crisis in 2022, the environment is opportune for the private sector to strengthen its resilience by establishing policy buffers, an official from the Central Bank of Sri Lanka (CBSL) said.

With inflation easing significantly, CBSL Assistant Governor Dr. Chandranath Amarasekara stressed that the government should continue implementing macroeconomic policy reforms to prevent future crises, while the private sector must also take proactive steps to enhance its resilience.

"We have regained stability to a great extent, and now is the time to accelerate growth. However, CBSL's role is limited. Growth must come from s...