Politics

Sri Lanka Crisis: President Agrees To Remove Brother From PM’s Chair

By
OB Bureau

Colombo: Sri Lankan President Gotabaya Rajapaksa has agreed to replace his older brother Mahinda Rajapaksa as Prime Minister in a bid to resolve the political impasse caused by the worst economic crisis in the island nation, reported AP.

A national council will be appointed to pick a new PM and Cabinet to form an interim government comprised of all parties, member of Parliament and former President Maithripala Sirisena said after a meeting with Gotobaya on Friday.

A spokesperson for the PM, however, said there is no communication yet from the President.

President Gotobaya and his family have dominated Sri Lankan politics for almost the last two decades. Many in the country are of the opinion that the Rajapaksas are to blame for the situation the country has landed in.

Protesters have been demanding that they quit politics.

Three members of Rajapaksa family resigned from the Cabinet earlier this month, but the President and PM have held on to their positions.

The Sri Lankan government is near bankrupt, with foreign debt this year mounting to $7 billion while its foreign reserves are below $1 billion.

The country has announced suspension of payments on its foreign loans until a rescue plan is negotiated with International Monetary Fund.

Lack of foreign exchange has severely limited imports. Scenes of people waiting in long queues for long hours to buy essentials like food, fuel, cooking gas and medicine have been common since March.

A general strike was called on Thursday to pressurize the President to step down.

OB Bureau

Recent Posts

IPL Auction: KKR Break Bank For Venkatesh On Lucrative Day For Indian Players; Check Top Buys

Mumbai: The first day of the IPL mega player auction at Jeddah threw up several…

November 24, 2024

Odisha Govt Hands Over Case Of Attack On Dharmasala MLA To Crime Branch

Bhubaneswar: The Odisha government has handed over the investigation into the attack on Dhramasala MLA…

November 24, 2024

Commissionerate Police Issues Traffic Advisory During Winter Session Of Odisha Assembly; Details Here

Bhubaneswar: The Commissionerate of Police on Sunday issued an advisory for movement of vehicular traffic…

November 24, 2024

Elon Musk Proposal: Fire US Federal Employees Who Want To Work From Home

New York: Now that President-elect Donald Trump has tasked Elon Musk with the responsibility of co-heading…

November 24, 2024

Odisha Govt Warns Of Stern Action For Renting Out Its Quarters

Bhubaneswar: The Odisha government has warned its employees of stern action for sub-letting their allotted…

November 24, 2024

AR Rahman Best Man In The World, Certifies Saira Banu; Then Why Their Separation?

Mumbai: There has been a lot of talk over AR Rahman and his wife Saira…

November 24, 2024

Process On To Form NODC In 2-3 Months, Says Odisha CM Mohan Majhi

Sundargarh: The North Odisha Development Council (NODC) would be formed in 2-3 months, said Chief…

November 24, 2024

Odisha DGP Reviews Security Arrangements For President’s Visit To Puri

Puri: Director General of Police (DGP) YB Khurania on Sunday reviewed the security arrangements for…

November 24, 2024