Ranil Wickremesinghe is all set to regain his Prime Ministerial powers and will be taking oath on Sunday, a senior minister from the United National Party (UNP) confirmed on Friday.
The decision to reinstate Wickremesinghe was reportedly taken after a meeting held by Sirisena with Speaker Karu Jayasuriya and Wickremesinghe on Thursday.
"To ensure stability of the nation, Former President @PresRajapaksa has decided to resign from the Premiership tomorrow after an address to the nation. The SLPP with Frm President, SLFP & others will now work to form a broader political coalition with President Sirisena," Namal had tweeted.
Political turmoil ensued in the island nation after Sirisena, on October 26, abruptly sacked then-Prime Minister Wickremesinghe and instated Rajapaksa, the country's former President, as the new premier. Sirisena later dissolved Parliament, almost 20 months before its term was to end, and ordered a snap election.
However, the country's Supreme Court overturned Sirisena's decision to dissolve Parliament and halted the preparations for snap polls.
On December 3, the Sri Lankan court had issued an interim order against Rajapaksa and his cabinet, barring their functioning. The following day, Rajapaksa filed an appeal against the order.