Cabraal promises short-term roadmap soon


By Sanath Nanayakkare

The Central Bank would soon announce a policy package in the form of a short-term roadmap to provide clarity with regard to the movement of Sri Lanka’s macro-economic fundamentals, Central Bank Governor Ajith Nivard Cabraal said after taking office yesterday for the second time.

“The Central Bank’s first and urgent priority on my watch will be to provide clarity with regard to the movement of Sri Lanka’s macro-economic fundamentals in the desired path and thereby ensure stability in the financial sector. Towards that goal, the Central Bank will need to take the required steps that will reflect its own commitment towards that objective, and will therefore soon announce a policy package in the form of a short-term Road Map that could then be followed by all stakeholders.”

Cabraal said he was extremely privileged to lead the Central Bank once again and was humbled by the trust and confidence reposed in him by the President, Prime Minister and Finance Minister to take up the responsibility.

He also appreciated the good wishes that he had received from thousands of “our countrymen”. See full story on Financial Review on Page 8.



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