FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post



Poll

EXCHANGE RATE PREDICTION: 2022

 
 
 
 

View results

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» Sri Lankan Airlines. Who is telling the truth?
by CHRONICLE™ Yesterday at 10:03 pm

» Colombo stock market posts sharp gain as investor sentiment rebounds
by samaritan Yesterday at 11:33 am

» CABO-Delisting
by rajithasahan Yesterday at 11:25 am

» A Look at Supply Chain Issues the Tea Industry Is Grappling with in 2022
by CHRONICLE™ Yesterday at 9:01 am

» JPMorgan backs Sri Lanka bonds on bets that crippling crisis to ease
by ADVENTUS Wed May 18, 2022 9:51 pm

» PIRAMAL GLASS CEYLON PLC (GLAS.N0000)
by ADVENTUS Wed May 18, 2022 3:55 pm

» How market distortions crippled the Sri Lankan economy
by D.G.Dayaratne Wed May 18, 2022 10:35 am

» LOLC FINANCE PLC (LOFC.N0000)
by Surajmp Wed May 18, 2022 5:06 am

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by Great1 Tue May 17, 2022 9:56 pm

» HAYLEYS - Soar profits
by Great1 Tue May 17, 2022 9:52 pm

» WATAWALA PLANTATION PLC (WATA.N0000)
by Great1 Tue May 17, 2022 9:41 pm

» Hold these 3 shares for 3 weeks
by Maharaja Tue May 17, 2022 2:03 pm

» Key takeaways from Prime Minister Ranil Wickremesinghe’s address to the nation
by samaritan Tue May 17, 2022 12:03 pm

» CABO went up 120.00
by nilantha suranga Tue May 17, 2022 12:01 pm

» LIOC ....Get in soon
by samaritan Tue May 17, 2022 11:04 am

» CABO -- “ The Investment Company ” under Land & Building Sector
by rukshan1234 Tue May 17, 2022 10:40 am

» CSE - Most attractive valuation after the war
by samaritan Tue May 17, 2022 10:08 am

» Dr.Harsha to lead all party economic revival plan
by samaritan Tue May 17, 2022 9:51 am

» Not going to IMF then & going to IMF now : Will Sri Lanka’s Problems be solved?
by God Father Mon May 16, 2022 3:01 pm

» Ranil Wickremesinghe sworn in as the new Prime Minister of Sri Lanka
by Beyondsenses Mon May 16, 2022 1:36 pm

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Ranil Wickremesinghe sworn in as the new Prime Minister of Sri Lanka

Ranil Wickremesinghe sworn in as the new Prime Minister of Sri Lanka

4 posters

Go down  Message [Page 1 of 1]

CHRONICLE™

CHRONICLE™
Admin

Ranil Wickremesinghe sworn in as the new Prime Minister of Sri Lanka AFP_329X4QM

Sri Lankan President Gotabaya Rajapaksa on Thursday appointed former PM Ranil Wickremesinghe as Premier, in a bid to restore stability in the island nation in the midst of a political impasse and stifling economic crisis.

This is the sixth time Mr. Wickremesinghe, 73, has been appointed to the office — he has never finished a full term — and will have the task of arresting the devastating impact of the island’s economic downturn, that too under President Gotabaya Rajapaksa who is fiercely detested by disgruntled citizens demanding his resignation.

Mr. Gotabaya’s older brother Mahinda Rajapaksa resigned as Prime Minister on Monday, hours after his supporters violently attacked anti-government protesters.

Mr. Wickremesinghe’s United National Party (UNP) was decimated in the 2020 general elections, in which the Rajapaksas secured a two-thirds majority.  Mr. Wickremesinghe is currently the only member of Parliament from his party. Although he lost the 2020 general elections, the UNP nominated him to legislature on the national list, through Sri Lanka’s proportional representation system that allocates political parties a certain number of seats based on total votes polled.  

Just ahead of the 2020 poll, Mr. Wickremesinghe’s former deputy Sajith Premadasa broke away from the UNP and formed the Samagi Jana Balawegaya (SJB or United People’s Force), the main Opposition party now.  

Mr. Wickremesinghe’s majority in Parliament is contingent on substantial support from the ruling party. Most of its members have promised to back him, according to political sources.

Meanwhile, Opposition Leader Sajith Premadasa too said he was willing to form a new government if the President committed to stepping down within “a minimum time frame”.  Mr. Premadasa made his offer conditional, seeking new laws to strengthen parliament and abolish Executive Presidency.  

Even before Mr. Wickremesinghe was sworn in by the President, some religious leaders objected to the move, contending that it was “not the solution” people want, and that it would further escalate the crisis.

Prominent Buddhist monk Omalpe Sobitha Thero said Ranil Wickremesinghe was “not suitable” for the job. His appointment “completely disregarded” the proposal made by their high-ranking monks to appoint an all-party interim government and was aimed at the “sole protection” of the Rajapaksas, he said.

Archbishop of Colombo Cardinal Malcolm Ranjith, was quoted by local media as saying, “People want a person with integrity, not someone who has been defeated in politics.”

The political opposition too expressed strong disapproval at the President’s choice. Leader of the leftist Janata Vimukthi Peramuna (JVP) Anura Kumara Dissanayake said: “Ranil protects the Rajapaksas, and the Rajapaksas protect Ranil. No citizen in this country will fall for their conspiracy this time.”

Tamil National Alliance lawmaker M.A. Sumanthiran said: “The President has completely lost legitimacy, people want him to go home, and the Parliament will soon vote on a motion expressing displeasure over him. Mr. Wickremesinghe had no legitimacy in the current Parliament right from the beginning. He did not even win in his constituency.”

The Parliament stands adjourned till May 17, when the vote on the President is scheduled to be taken up. Mr. Wickremesinghe may face a trust vote soon after. In order to continue as Prime Minister, he must show he has the confidence of the House.

https://www.thehindu.com/news/international/ranil-sri-lanka-prime-minister/article65407628.ece

https://www.srilankachronicle.com

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

eVERY THING WILL DEPEND ON WHAT HE IS DOING ACTUALLY NOT WHAT HE IS SAYING

GENERAL BELIEF IS HE WILL HAVE TO PROTECT RAJAPAKSAAS AND OTHER CORRUPT PEOPLE OF POHOTTUWA  TO GET THE SUPPORT OF POHOTTUWA

i HOPE OPPOSISIN WILL SUPPORT HIM FOR GOOD WORK WITHOUT ACCEPTING ANY PORTFOLIO

samaritan


Moderator
Moderator

RW is one of Sri Lanka's senior politician who command the recognition, respect and trust of the international community which is a much needed attribute at this time of need. 
I strongly believe that he will do the right thing and go down in history as the person who rose to the occasion to rescue Sri Lanka at a crucial moment similar to his maternal uncle JRJ who rescued Japan in its time of need in 1951 after the WW2.


Ranil Wickremesinghe sworn in as the new Prime Minister of Sri Lanka Z_p10-Speech2


https://www.dailynews.lk/2021/10/01/features/260784/speech-shaped-world-history

Beyondsenses

Beyondsenses
Manager - Equity Analytics
Manager - Equity Analytics

බයියොන්ට මෙහෙම ඇලිල්ලක් කවුලුත් ඇලලා ලෑ හාන්දුරුවනේ Rolling Eyes 
මාස 30කට රනිල්ව ගෙදර යවන්න කෑවා කිරිබත් ටොන් ගණන්..දැල් සැපද අ අ ..

ලෝක බැංකුව කඩන්න මහේන්ද්‍රන් වත් ගේමුත ?


Ranil Wickremesinghe sworn in as the new Prime Minister of Sri Lanka Pro210

Sponsored content



Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum