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Sri Lankan president sacks brother-finance minister Basil Rajapaksa amid economic crisis

The economic crisis in Sri Lanka intensified on Sunday after all 26 ministers of Rajapaksa's cabinet stepped down.

Published on: Apr 4, 2022, 14:41:46 IST
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A day after all 26 ministers of prime minister Mahinda Rajapaksa's cabinet stepped down, Sri Lankan president Gotabaya Rajapaksa on Monday sacked his brother and finance minister Basil Rajapaksa amid the country’s worst economic crisis. Basil, who had negotiated the Indian economic relief package to help Sri Lanka tackle the current foreign exchange crisis, has been replaced by Ali Sabry - who was the minister of justice till Sunday night.

Banners of “Go home Gota” were seen on the streets as angry protesters shouted slogans against Sri Lankan President Gotabaya Rajapaksa. (REUTERS)
Banners of “Go home Gota” were seen on the streets as angry protesters shouted slogans against Sri Lankan President Gotabaya Rajapaksa. (REUTERS)

Basil was scheduled to leave for the US to meet with the International Monetary Fund (IMF) for a possible bailout package to deal with the current economic crisis.

Last month, two ministers were sacked from the cabinet as they had publicly criticised Basil, reported news agency PTI.

Also read: Sri Lanka sees cabinet's mass resignations as unrest, crisis heighten: 10 points

The economic crisis intensified on Sunday after all 26 ministers of Rajapaksa's cabinet stepped down, allowing him to induct new faces. The move came after thousands of people defied a weekend curfew on Sunday to protest across the island demanding the ouster of the Rajapaksa family in the midst of growing public anger.

Also read: Pakistan and Sri Lanka face political turmoil fueled by Chinese debt

Meanwhile, Sri Lankan central bank governor Ajith Nivard Cabraal also submitted his resignation on Monday, reported Reuters. Amid the crisis, the Sri Lankan president invited all political parties in the country to join the 'unity government' to find a solution, according to news agency AFP.

In order to prevent the masses from gathering in Colombo to protest against the “government's failure”, the government had restricted access to Facebook, Twitter, YouTube, and other social media sites for almost 15 hours. The ban was lifted on Sunday after a massive backlash.

(With inputs from agencies)

 
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