State Minister for Money Ajith Nivaard Cabraal is scheduled to become the next Central Bank Governor on 16 September.
Accordingly, present CB Governor W.D. Lakshman and Minister Cabraal are set to resign from their current posts in the next few days.
A special cabinet paper is being prepared in this connection, which seeks to provide the conditions placed by Minister Cabraal prior to taking up this post. According to media reports, he has stated that he should be given ministerial authority.
(Source : Mawrata)