header logo
Rhythms of Lanka
Mogo Academy
Latest
No truth in reports that CBSL governor was asked to step down – President
Mar 17, 202212:09 PM
No truth in reports that CBSL governor was asked to step down – President
Mobitel Inner

President Gotabaya Rajapaksa says that there is no truth in the reports that the Governor of the Central Bank of Sri Lanka (CBSL), Ajith Nivard Cabraal, has been asked to step down. 

 

In a statement issued by the PMD, the President is quoted as saying that he has every confidence in the Governor of the Central Bank, Ajith Nivard Cabraal, who will act as a powerful force in responding to the serious economic challenges facing the country.

 

With reference to news reports that CBSL Governor was asked to step down, President Gotabaya Rajapaksa today said, “The news stories that Central Bank Governor Ajith Nivard Cabraal has been requested to step down is completely false.

 

“Governor Cabraal enjoys my fullest confidence and trust and has been a tower of strength in responding to the grave economic challenges faced by the country.

 

“The IMF delegation did not discuss about officials, and the talks, at which Governor Cabraal too was present, covered only the monetary issues.

 

“I have personally urged Governor Cabraal not to be discouraged by these mischievous and fake stories, and to continue his all-important work for the stability and growth of our country,” the President was quoted as saying.

 

Certain media reports had claimed today that the CBSL Governor had been asked to step down from his position based on the advice of the visiting delegation from the International Monetary Fund (IMF).

 

IMF Asia and Pacific Department Director Changyong Rhee had met with President Rajapaksa on Tuesday (March 15) at the Presidential Secretariat while the President yesterday announced that the government will seek IMF assistance to resolve the country’s economic crisis. 

 

The President had said his government was in discussions with the IMF, other agencies and countries on deferring loan repayments.

 

“Subsequent to my discussions with the International Monetary Fund, I have decided to work with them after examining the advantages and disadvantages,” Rajapaksa said in an address to the nation.

 

 

 

 

MostRead
Mobitel Upahara
VideoStories
“Govt. seeking a one-party rule” - Sajith also opposes govt. move to extend retirement age of judges

“Govt. seeking a one-party rule” - Sajith also opposes govt. move to extend retirement age of judges

“Modern rulers cannot tolerate the saffron robe ”Maha Sangha calls for protection of Buddhasasana

“Modern rulers cannot tolerate the saffron robe ”Maha Sangha calls for protection of Buddhasasana

Cabinet approves contentious proposal to extend retirement age of all judges

Cabinet approves contentious proposal to extend retirement age of all judges

Government will not expand paddy cultivation - Minister Lalkantha

Government will not expand paddy cultivation - Minister Lalkantha

Sri Lanka on El Niño alert: Rains expected in Oct-Nov, heat waves not expected in Sri Lanka

Sri Lanka on El Niño alert: Rains expected in Oct-Nov, heat waves not expected in Sri Lanka

BASL condemns MP Asitha Niroshana’s allegations as "false and malicious"

BASL condemns MP Asitha Niroshana’s allegations as "false and malicious"

 Sri Lanka’s dengue death toll rises to 61 as cases exceed 80,000

Sri Lanka’s dengue death toll rises to 61 as cases exceed 80,000

No-confidence motion against Justice Minister defeated in Parliament with majority of 116 votes

No-confidence motion against Justice Minister defeated in Parliament with majority of 116 votes

Sri Lanka hit by 10% tariff as US launches fresh  'forced labour' duties on 60 trading partners

Sri Lanka hit by 10% tariff as US launches fresh 'forced labour' duties on 60 trading partners

Dengue cases in Sri Lanka surpasses 80,000as death toll rises to 59

Dengue cases in Sri Lanka surpasses 80,000as death toll rises to 59

‘Colombo Literary Festival 2026’ begins at Arcade Independence Square today

‘Colombo Literary Festival 2026’ begins at Arcade Independence Square today

MP Ajith P. Perera accuses govt of failing to fulfil pre-election promises to the people

MP Ajith P. Perera accuses govt of failing to fulfil pre-election promises to the people

Investigating into Negombo Prison clash continuing; Statements recorded from nearly 1,000 so far CID

Investigating into Negombo Prison clash continuing; Statements recorded from nearly 1,000 so far CID

Sri Lanka may face both drought and heavy rainfall? Authorities urge early preparedness

Sri Lanka may face both drought and heavy rainfall? Authorities urge early preparedness

Appeals Court defers further consideration of ex-President Gotabaya’s petition until Aug. 3

Appeals Court defers further consideration of ex-President Gotabaya’s petition until Aug. 3

Lassana Flora