President says no truth in the reports that the CBSL Governor was asked to step down…

Date:

A statement issued by the Presidential Media Unit states that the media reports that the Governor of the Central Bank Ajith Nivard Cabraal has been informed to resign from his post are completely untrue.

The President has stated that Ajith Nivard Cabraal has maintained his confidence as the Governor of the Central Bank to the fullest and is assisting him in overcoming the economic challenges facing the country.

However, the President has requested the Governor of the Central Bank not to be discouraged by such false propaganda and to continue his role for the stability and development of the country.

The President also said that the Governor of the Central Bank has the ability to successfully respond to the serious economic challenges facing the country.

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