Despite many doctors trying their hand at treating the Sri Lankan economy that was grasping for breath in the ICU for the last several years, it was only former minister Mangala Samaraweera who was able to provide the correct treatment to ensure that the patient was on its way to recovery, Prof. Rohan Samarajiva said.
Sri Lanka’s rupee has plunged to a record low to become the world’s worst-performing currency, as President Gotabaya Rajapaksa struggles to contain a worsening economic and political crisis.
Former Prime Minister and the Leader of United National Party (UNP) MP Ranil Wickremesinghe said in a special statement in parliament yesterday (05) that parliament should take responsibility and find a solution to the crisis as the executive has failed to act.
SLPP MP Bandula Gunawardena is to be sworn in as the new Minister of Finance before President Gotabaya Rajapaksa at the Presidential Secretariat, it is learnt.
A group of government MPs have decided to function independently in the parliament.
Four new Ministers were sworn in before President Gotabaya Rajapaksa at the Presidential Secretariat today (04) following the mass resignation of Cabinet Ministers amid an ongoing economic crisis.
Prime Minister Mahinda Rajapaksa has decided to step down from his position, it is learnt.
President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa have reached an agreement with the leaders of the constituent parties of the ruling Sri Lanka Podujana Peramuna (SLPP)-led coalition.
Representatives of the 'The Radical Centre', an apolitical movement launched by the late Minister Mangala Samaraweera says that protests are more successful if they are conducted in a peaceful manner devoid of any violence.
Sri Lanka Economic Crisis: A critical lack of foreign currency has left Sri Lanka unable to pay for vital imports, leading to dire shortages in everything from life-saving medicines to cement. (AFP / Ishara S. KODIKARA)
