Finance News

This time the Governor of the Central Bank of Sri Lanka resigned

Sri Lanka’s central bank governor Ajith Nivarad Cabral has resigned amid the country’s dire financial crisis. He announced his resignation on Monday.

The governor also resigned today after members of Sri Lanka’s cabinet resigned on Sunday night amid Sri Lanka’s ongoing economic crisis.

Sri Lankan central bank governor Ajith Nivarad Cabral announced his resignation in a Twitter message, Reuters reported.

Ajith tweeted, “I have submitted my resignation letter to President Gotabaya Rajapaksa as governor today in the wake of the resignation of everyone in the cabinet.”
All 27 members of the cabinet, except for President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa, submitted their resignations after an emergency meeting on Twitter last night.

Hundreds of people marched in front of the president’s residence in the capital, Colombo, at midnight on March 31 to protest the government’s failure to address the country’s ongoing economic crisis.
Protesters tried to enter the president’s residence. The security forces brought the situation under control by firing bullets and tear gas.

The country has been under a 36-hour curfew since last Saturday to prevent anti-government protests. Ignoring the curfew, there were protests in the country yesterday as well. Meanwhile, curfew was to be maintained in the country till this morning.