Sri Lankan Prime Minister Ranil Wickremesinghe will tender his resignation from office on Wednesday, paving the way for newly-elected President Gotabaya Rajapaksa to appoint a new Cabinet, Daily Mirror reported.
Wickremesinghe discussed this matter when he met Rajapaksa on Tuesday.
A special Cabinet meeting is slated to be held at 4 pm today, after which the Sri Lankan Prime Minister will announce his resignation from the post, according to the Sri Lankan daily.
Later, Rajapaksa is expected to appoint a small Cabinet for a brief period till the dissolution of the Parliament after March 1, 2020.
Leaders of the parties that backed Rajapaksa during the presidential polls will be given preference in the Cabinet. According to sources, the Cabinet will have 15 members.
70-year old Rajapaksa defeated United National Party (UNP) candidate Sajith Premadasa by more than 13 lakh votes in the recently concluded presidential elections, the country's election commission said on Sunday.
On Monday, Rajapaksa took oath as the president at Ruwanweliseya, a Buddhist pagoda, in Anuradhapura, situated in northcentral Sri Lanka. He is the second member of the Rajapaksa family to become the president.
His older brother Mahinda Rajapaksa served as president from 2005 to 2015.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
