Ranil Wickremesinghe Takes Oath As Sri Lanka PM, Protests Continue

Sri Lanka’s veteran political leader Ranil Wickremesinghe has been appointed the next Prime Minister of the crisis-hit island nation by President Gotabaya Rajapaksa. The 73-year-old was administered the oath of office by the President, who in an address to the nation yesterday, declared that a Prime Minister and his cabinet will be put in place this week.

With the country’s largest opposition party refusing to join a government headed by a member of the Rajapaksa clan, Mr Wickremesinghe — a four-time Prime Minister of the country — appeared the only option.

Mr Wickremesinghe heads the United National Party. The breakaway SJB faction of the party currently forms the principal opposition party.

Sri Lanka Digital Media Network

Submit Your Press Release

Get your company news, announcements, launches, appointments and events in front of a wider audience.

NewsDive Financial Chronicle Ceylon Independent Daily FC
Submit Your Press Release →
Publish Across Our Network

Already struggling with the most devastating economic crisis since Independence, Sri Lanka was plunged into chaos on Monday as Prime Minister Mahinda Rajapaksa stepped down from his post, nulling the elected government.

Anti-government protesters also want President Rajapaksa to step down and the Lankan parliament is expected to debate a no-confidence motion against the President on May 17, the Speaker’s Office has said.

With widespread shortages of food and fuel, soaring prices of essential commodities and hours-long power cut, there have been massive protests over the government’s handling of the situation.
On Monday, groups of pro and anti-government activists clashed in Colombo, triggering curfew and a state of emergency across the island.

In his address yesterday, President Rajapaksa had said to “control the current situation, and prevent the country from heading towards anarchy”, he would appoint a Prime Minister and cabinet “that can command a majority in Parliament and can gain the confidence of the people of the country”.

Sources indicated that he held talks with Mr Wickremesinghe before and after the address and an agreement was reached.

LankaBIZ
AI Business
Intelligence
Sri Lanka Stock Market

Sri Lanka Stocks. Powered by AI.

Discover opportunities in the Colombo Stock Exchange. Screen listed companies, explore AI-powered insights and practise your investment strategies with LankaBIZ.

✓ CSE Stock Screening
✓ AI Stock Discovery
✓ Simulated Trading
✓ Market Intelligence
Explore LankaBIZ

Comments Sources had also said that discussions were in progress on who will take over after the interim Prime Minister. Several names have been proposed and in the coming days, Mr Rajapaksa will hold meetings to zero in on the right candidate.

courtesy NDTV