Sri Lankan Prime Minister Mahinda Rajapaksa is set to quit office to end the country’s political crises.
Sri Lanka is running the risk of becoming dysfunctional if there is no government with state funds from January. The foreign debt-repayment of the Sri Lankan government is at $1 billion, and it remains unclear how it will be serviced without a lawful finance minister.
A pro-Rajapaksa lawmaker, Lakshman Yapa Abeywardena, has stated that Rajapaksa, in a meeting with President Maithripala Sirisena, has decided to resign to allow the president to appoint a new prime minister.
“Unless the prime minister resigns, another prime minister cannot be appointed. But the country needs to face situations that it needs to face in January; a country cannot function without a budget,” claimed Abeywardena, as reported by Indian Express.
Sri Lanka has been under a political crises since October when President Srisena sacked then Prime Minister Ranil Wickremesinghe and replaced him with Rajapaksa.
Srisena had repeatedly quashed appeals to reappoint Wickremesinghe as Prime Minister. However, he may now be compelled to do so since the ex-Prime Minister has proven the support of 117 lawmakers in the House.
As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.
Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.
We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.
Becoming a Patron or a subscriber for as little as Rs 999/year is the best way you can support our efforts.