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

Spheres of Influence and the New World Order of 2026

The arrest of Venezuelan President Nicolás Maduro by U.S....

Gem Sri Lanka 2026 Set to Shine on Global Stage

Building on the momentum of its first two highly...

Private Sector Pensions on the Table as EPF Faces Overhaul

Sri Lanka’s proposal to transform the Employees’ Provident Fund...

IMF Orthodoxy Risks Renewed Crisis for Sri Lanka

Sri Lanka’s continued reliance on the IMF-led debt restructuring...