Governor, Central Bank Ajith Nivard Cabraal of Sri Lanka

var RTR_ArticleBlurb = " COLOMBO, Feb 29 (Reuters) - Sri Lanka's central bank has not yet decided on the size of a planned syndicated loan originally estimated at $300 million, the bank's Governor Ajith Nivard Cabraal said on Friday.

Cabraal said the details of the loan.

announced after a board meeting on Tuesday.

intervention has been reduced to a nominal level.

interview with journal Central Banking.

Mr Cabraal was a member of the government team that participated in the Geneva talks with the Liberation Tigers of Tamil Eelam in February 2006.

Ajith Cabraal is the governor of Sri Lanka's Central Bank.

Cabraal is it not a problem for you when you turn your face to the international community and say money you provide in terms of investment will be clearly and efficiently spent in my country.

Nov 22, 2007 (LBO) – Sri Lanka Central Bank governor Ajith Nivard Cabraal said Thursday the government wants to develop the bond market to be able to access new sources of capital and reduce reliance on concessionary lending.

Cabraal said even multilateral lending agencies had questioned the wisdom of the government going for commercial borrowing when it recently raised 500 million dollars in its first sovereign bond issue.

Cabraal said the sovereign bond issue was also useful as it would pave the way for the corporate sector to also borrow from international capital markets.

This Ajith Nivard Cabraal is not different than most of MR's appointees.

Our story said the investigation was halted soon after Nivard Cabraal was appointed Central Bank governor.

Peiris returned to the country after a failed mission in Brussels to secure the GSP Plus facility, Governor of the Central Bank of Sri Lanka, Ajith Nivard Cabraal was to tell the BBC that the GSP + facility was not really necessary.

In fairness, not even the most eloquent of debaters would have been able to defend the present Rajapakse administration in its many political and economic follies, but then again by his own admission, Cabraal has contributed in no mean measure to the policy direction of this myopic administration.

Firstly the message Cabraal was beaming out was that the government having bungled on the human rights front was now willing to sacrifice the people of Sri Lanka at the altar of obnoxious politics and pugnacious nationalism.

When it was put to him that Sri Lanka was shifting the focus of its friends in the world to such countries as Iran, Burma and Pakistan, Nivard Cabraal said no country likes to be isolated and Sri Lanka would like to trade with all countries.

And no amount of weak spin from the likes of Nivard Cabraal is going to change that fact.

Funnily enough, Cabraal had earlier this month published in many newspapers the fact that his interview with Hard Talk had been blacked out, with some media reporting the BBC as saying the tapes had been accidentally erased.

And indeed Cabraal had the grace to blush - or perhaps it was the lighting that showed on the TV screen a tinge of shame on his cheek of modesty - when the tiny matter of pyramid schemes was put to him.

In fact it was all one could do not to fall down laughing when Cabraal said his wife had resigned from the company as it was proper procedure to do so when he ascended the Central Bank throne.

Central Bank governor Ajith Nivard Cabraal said that tight monetary policy and efforts to reduce the budget deficit should trim sky-high inflation in the coming months.

Cabraal said Wednesday the island had coped with average double-digit inflation over the last 30 years but acknowledged that current high levels were a concern.

we see inflation as being a problem," Cabraal said in a speech hours after the government presented its 2008 budget in parliament.

Central Bank Governor Ajith Nivard Cabraal said that Sri Lanka is on the threshold of a new era in its economy and the platform of sustained growth has now been firmly established.

However, Central Bank governor Ajith Nivard Cabraal says a growth rate of more than six per cent is envisaged, adding the relief package granted a few days ago will be a boon to economic progress.

It won't be over 20%," Central Bank Governor Ajith Nivard Cabraal said on Tuesday.

Cross Movement were very important and several local and foreign non-governmental organizations had done a significant service in Sri Lanka after the tsunami.

President as the Governor of the Central Bank of Sri Lanka with effect from July 1, 2006.

Economic Affairs and Secretary, Ministry of Plan Implementation.

Framework and Development Plan of the Government.

a recognized consultant in Corporate Governance.

Cabraal has contributed to popular national newspapers over the period 2003 to 2004.

investor community to Sri Lankas economic story was overwhelming.

that Sri Lanka will be able to achieve a growth target of 7.

He said, "Central Bank governor Ajith Nivard Cabraal had written to CPC's former chairman Asantha de Mel on 10th January, 2007, directing him to start the hedging.