News Karnataka
Friday, August 19 2022
World

Amid crisis, SL Prez appoints new central bank chief

Photo Credit :

Colombo: Amid the ongoing economic crisis, Sri Lankan President Gotabaya Rajapaksa on Friday appointed a new central bank chief, according to an official statement.

Nandalal Weerasinghe was appointed as the governor of the central bank of Sri Lanka, following the resignation of Ajith Nivard Cabraal earlier this week, reports Xinhua news agency.

The President’s Media Division said in the statement Weerasinghe had vast experience in the financial sector and served in several posts at the International Monetary Fund and the central bank of Sri Lanka.

The President handed over the appointment letter on Thursday evening and Weerasinghe assumed duties on Friday morning.

Sri Lanka has been facing economic instability recently as a severe shortage of foreign currency has left the government unable to pay for essential imports, including fuel.

The island nation’s main opposition party, Samagi Jana Balawegaya (SJB) on Friday demanded the government to resolve the ongoing economic crisis or face a no-confidence motion.

Share this:
MANY DROPS MAKE AN OCEAN
Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Leave a Reply

Your email address will not be published.

Visit 7Jackpots and find the best online casinos in India! Play the most popular casino games for real money!

Find the best odds at 10Cric and ipl betting 2021! Signup today and get up to a 100% deposit bonus.

Subscribe Newsletter

Get latest news karnataka updates on your email.

To get the latest news on WhatsApp