City
Epaper

SL Prez invites oppn parties to join cabinet to resolve crisis

By IANS | Updated: April 4, 2022 12:40 IST

Colombo, April 4 Following the resignation of the Sri Lankan Cabinet amid anti-government protests, President Gotabaya Rajapaksa has ...

Open in App

Colombo, April 4 Following the resignation of the Sri Lankan Cabinet amid anti-government protests, President Gotabaya Rajapaksa has invited all political parties, including the opposition, to accept ministerial posts and to help to resolve the ongoing economic crisis.

Issuing a statement, President Rajapaksa invited the parties to come together to find solutions.

"The current crisis is a result of several economic factors and global developments. As one of the leading democratic countries in Asia, solutions should be found to this within a democratic framework," the statement noted.

"Considering this a national need, the time has come to work together for the sake of all the citizens and future generations."

As the island-wide protests defying curfew and emergency laws imposed by Rajapaksa took place on Sunday, the government decided to dissolve the cabinet with the plan to have an all-party interim government.

Grappled by a severe economic crisis, the island nation has been going through a crisis where people are suffered without fuel, LPG, electricity and food for months.

Extensive loans and unlimited money printing which exceeded 1.2 trillion LKR ($4 billion) in 2021 along has lead to the current economic crisis.

Meanwhile Governor of the Central Bank Ajith Nivard Cabraal, who was blamed by the opposition parties and activists as responsible for extensive money printing, has resigned.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Ajith Nivard CabraalLPGGotabaya Rajapaksa
Open in App

Related Stories

NationalLPG Cylinder Price Hike: Rate of 19 Kg Commercial LPG Gas Increases by Rs 6; Check Rates in Mumbai, Delhi and Other Metro Cities

NationalMajor Rule Changes Effective February 1, 2025: LPG Price Hike, UPI, and More to Impact Common Man

MaharashtraLatur Fire: Three Injured as Blaze Erupts During LPG Refilling in School Van

PuneLPG Filled Tanker Overturns on Mumbai-Pune Lane Near Katraj; No Casualties Reported

TechnologyGlobal Health Body Praises PMUY LPG Initiative for Transforming Lives of Low-Income Families

Politics Realted Stories

Maharashtra'Unity Not Just for Elections': MNS Leader Sandeep Deshpande on Possible Thackeray Alliance

PoliticsMurshidabad Violence: Shehzad Poonawalla Slams Yusuf Pathan Over Tea Post, Says, “As Hindus Get Slaughtered…”

PoliticsTamil Nadu Assembly Elections 2026: BJP-AIADMK Join Hands, Palaniswami To Lead Alliance, Says Amit Shah

Politics‘No Injustice to Muslims’: Shiv Sena Leader Manisha Kayande Slams Opponents of Waqf Amendment Bill

NationalParliament Passes Waqf Amendment Bill: Two JDU Leaders Resign Over Party's Support