Sri Lanka Prez invites oppn parties to join cabinet to resolve crisis

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.

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.

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"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."

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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.

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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.

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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.

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