Incoming Central Bank Governor Cabraal announces resignation as Parliamentary member

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Ajith Nivard Cabraal, State Minister of Finance, on Monday resigned from parliament as an MP, sending his resignation letter to the Parliamentary Secretary General..

Mr. Cabraal is to took up appointment as Central Bank Governor, taking over from Prof. W.D. Lakshman who has announced his intention to resign tomorrow (September 14) Cabraal, a former Governor who completed one term and resigned midway in his second term, has been brought into the position to tackle the economic crisis that has befallen the nation, particularly the acute shortage of dollars, owing to the impact of the pandemic.

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