New SL finance minister resigns in less than 24 hours

Colombo, April 5 (IANS) Sri Lanka’s new Finance Minister Ali Sabry resigned on Tuesday, less than 24 hours after his appointment.

Sabry said he only accepted the portfolio on a provisional basis, Xinhua news agency reports.

He said he was also ready to step down from his parliamentary seat if the president wanted to appoint a suitable person to handle the situation from outside the current parliament.

Sabry also told local media that his resignation should pave the way for the establishment of an interim government.

Sabry and three other ministers were sworn into the new cabinet on Monday after the Sri Lankan cabinet offered to step down on Sunday night in response to protesters’ calls amid economic instability and severe fuel shortages in the island nation.

Sri Lanka has for days faced public protests demanding immediate action by the government to address the economic crisis, hours-long power cuts and shortages of fuel and other essential supplies.

The ruling Sri Lanka Podujana Peramuna (SLPP) party lost its parliamentary majority as 42 MPs announced on Tuesday that they would sit independently.

On Monday, President Gotabaya Rajapaksa called on all political parties to join the government in finding solutions to the current crisis.


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