President denies media reports on CBSL governor to step down!

President Gotabaya Rajapaksa today denied media reports that the Central Bank Governor Ajith Nivard Cabraal was asked to step down form the post.

The President media division (PMD) in a statement noted CBSL Governor enjoyed the President’s fullest confidence and trust and had been a tower of strength in responding to the grave economic challenges faced by the country.
The PMD quoted the President Rajapaksa noted that the International Monetary Fund (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.”

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CBSL Governor said earlier this week that the CBSL would not discuss with the IMF delegation on the possibility of debt restructuring. However President Rajapaksa yesterday said that he would seek IMF support to address current forex shortage

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