{"id":40719,"date":"2015-01-09T21:24:18","date_gmt":"2015-01-10T03:24:18","guid":{"rendered":"http:\/\/www.lankaweb.com\/news\/items\/?p=40719"},"modified":"2015-01-09T13:01:28","modified_gmt":"2015-01-09T20:01:28","slug":"central-bank-governor-ajith-nivard-cabraal-resigns","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2015\/01\/09\/central-bank-governor-ajith-nivard-cabraal-resigns\/","title":{"rendered":"Central Bank Governor Ajith Nivard Cabraal Resigns"},"content":{"rendered":"<h2><span style=\"color: #0000ff;\"><em>Hot News<\/em><\/span><\/h2>\n<p>Central Bank Governor Ajith Nivard Cabraal \u00a0submitted his resignation from the post of Central Bank Governor to pave the way for the new President to appoint a person of his choice\u00a0a news report said.<\/p>\n<p>It\u2019s a good thing for a new president to have a new governor, so I have paved the way for that.\u201d<\/p>\n<p>Cabraal, who held the post since 2006, is the first high profile Rajapaksa appointee to step down since the election.<\/p>\n<p>Meanwhile, UNP Parliamentarian Dr. Harsha De Silva today said that Mr. Cabraal should answer to the financial allegations during his tenure before resigning. Dr. de Silva said There are a number of financial allegations relating to the Central Bank, Stock Exchange manipulation especially with regard to the use of EPF and Bond Market manipulations. Therefore, the Governor cannot simply resign without responding to these allegations,\u201d he said<\/p>\n<p>Cabraal last month held both of Sri Lanka\u2019s benchmark interest rates for the 11th straight meeting as inflation was about the lowest in five years.<\/p>\n<p><a href=\"http:\/\/topics.bloomberg.com\/standard-%26-poor%27s\/\">Standard &amp; Poor\u2019s<\/a> warned today that Sirisena\u2019s victory could bring a period of instability as he moves to keep an unwieldy opposition alliance from splintering.<\/p>\n<p>Depending on political developments under the new president and possible changes in fiscal and economic policies, some credit metrics could weaken over the next two to three years,\u201d analyst<a href=\"http:\/\/topics.bloomberg.com\/agost-benard\/\">Agost Benard<\/a> wrote in a report today.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hot News Central Bank Governor Ajith Nivard Cabraal \u00a0submitted his resignation from the post of Central Bank Governor to pave the way for the new President to appoint a person of his choice\u00a0a news report said. It\u2019s a good thing for a new president to have a new governor, so I have paved the way [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-40719","post","type-post","status-publish","format-standard","hentry","category-forum"],"_links":{"self":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/40719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/comments?post=40719"}],"version-history":[{"count":0,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/40719\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/media?parent=40719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/categories?post=40719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/tags?post=40719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}