Nobody can kick me out. I have six years: CBSL Governor

Date:

Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka (CBSL), responding to a group of reporters yesterday (11) said he will not resign from his post even if the President and the Prime Minister who appointed him both decide to step down.

“Why should I leave? I was only appointed. I have six years in my tenure. The Central Bank is an independent body. I too administer this without being submissive like the RBI bank in India. Let us make a fresh start to make the economy prosperous,” he said, according to sources.

The Governor also said that the political instability in the country could adversely affect the negotiations with the International Monetary Fund (IMF) and that he is currently negotiating with the Reserve Bank of India to obtain another US $ 1 billion foreign exchange facility.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Special Leave Approved for Public Servants Affected by Recent Disasters

Special Leave Approved for Public Servants Affected by Recent Disasters

Education Ministry Reaffirms Ban on Third-Term Exams for Middle Grades

Education Ministry Reaffirms Ban on Third-Term Exams for Middle Grades

Rainy weather influenced by easterly wave to persist: Fairly heavy falls above 50 mm expected (Dec 16)

Rainy weather influenced by easterly wave to persists: Fairly heavy falls above 50 mm expected (Dec 16)

Rank Container Terminal (Pvt) Ltd and Senura Civil Engineering (Pvt) Ltd Boost ‘Rebuilding Sri Lanka’ Effort with Rs. 50 Mn Contribution

Rank Container Terminal (Pvt) Ltd and Senura Civil Engineering (Pvt) Ltd Boost ‘Rebuilding Sri Lanka’ Effort with Rs. 50 Mn Contribution