Sri Lanka Finance Minister Ali Sabry resigns a day after appointment
Colombo: Sri Lankan Finance Minister Ali Sabry resigned Tuesday just a day after he was appointed to the post by President Gotabaya Rajapaksa, as the island nation suffers a crippling economic crisis.
"After much reflection and deliberation and taking into consideration the current situation I'm now of the view, for your Excellency to make suitable interim arrangements to navigate this unprecedented crisis," reads his resignation letter.
Sri Lanka’s 26 ministers had resigned en masse after protests over the government’s handling of the worst economic crisis in decades.
Four new ministers were sworn in before President Gotabaya Rajapaksa at the Presidential Secretariat.
Former Justice Minister Ali Sabry was sworn in as the new Finance Minister, while G.L. Peiris was sworn in as the Foreign Minister, Dinesh Gunawardena as the Education Minister and Johnston Fernando as the Highways Minister. Ali Sabry was appointed as the new Minister of Finance, replacing Basil Rajapaksa (brother of President Gotabaya Rajapaksa)
The country is grappling with what is said to be its worst economic crisis since independence from the UK in 1948.
More to follow.
