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Sri Lanka central bank governor quits as crisis worsens
Sri Lankau00e2u20acu2122s Central Bank Governor Ajith Niward Cabraal speaks during an interview in Colombo July 8, 2008. u00e2u20acu201d Reuters pic

COLOMBO, April 4 — Sri Lanka’s central bank governor, who had resisted mounting calls for the island nation to seek an IMF bailout, announced his resignation today as protests escalated over a worsening economic crisis.

Ajith Cabraal said he stepped down after every member of Sri Lanka’s cabinet, aside from President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa, quit en masse late yesterday to make way for a new administration to manage the crisis. — AFP

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