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Sri Lanka says IMF not asking for removal of central bank gov

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Sri Lankan President’s Media Division on Thursday denied reports that the International Monetary Fund (IMF) delegation had asked the president to remove Central Bank Governor, Ajith Nivard Cabraal from his post.

Addressing the nation earlier on Wednesday evening, Sri Lankan President Gotabaya Rajapaksa said that he had decided to work with the IMF to overcome Sri Lanka’s economic woes.

Following the speech, local media reported that one of the IMF conditions to work with Sri Lanka was the removal of the central bank governor, who had repeatedly said that the government would not go to the IMF.

The president’s Media Division in response denied these reports and insisted that the IMF delegation had not asked for his removal.

The president and the government have full confidence in the central bank governor and there is no reason whatsoever to seek his resignation, the President’s Media Division said.

Sheji Halima

NEWSVERGE, published by The Verge Communications is an online community of international news portal and social advocates dedicated to bringing you commentaries, features, news reports from a Nigerian-African perspective. A unique organization, founded in the spirit of Article 19 of the Universal Declaration of Human Rights, comprising of ordinary people with an overriding commitment to seeking the truth and publishing it without fear or favour. The Verge Communications is fully registered with the Corporate Affairs Commission of the Federal Republic of Nigeria as a corporate organization.

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