5-time former PM Ranil to take oath as Sri Lanka's premier today: Sources | The Business Standard
Skip to main content
  • Latest
  • Epaper
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Monday
June 23, 2025

Sign In
Subscribe
  • Latest
  • Epaper
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
MONDAY, JUNE 23, 2025
5-time former PM Ranil to take oath as Sri Lanka's premier today: Sources

Sri Lanka Crisis

TBS Report
12 May, 2022, 02:15 pm
Last modified: 13 May, 2022, 10:34 am

Related News

  • Sri Lanka keen to strengthen relations with Bangladesh's private sector
  • Sri Lanka seeks Bangladesh investment for pharma industry development
  • Sri Lanka train kills elephant despite new safety moves
  • Walton expands footprint in Sri Lanka
  • 21 killed as bus carrying pilgrims crashes in Sri Lanka

5-time former PM Ranil to take oath as Sri Lanka's premier today: Sources

Late Wednesday night President Gotabaya Rajapaksa made a televised address to the nation and said he was working with party leaders to establish a new government

TBS Report
12 May, 2022, 02:15 pm
Last modified: 13 May, 2022, 10:34 am
Ranil Wickremesinghe. Photo: Reuters
Ranil Wickremesinghe. Photo: Reuters

Five-time former premier Ranil Wickremesinghe will take oath as the prime minister of Sri Lanka at 6:30pm today, sources from his party confirmed.

Wickremesinghe who held closed-door discussions with President Gotabaya Rajapaksa last evening will take oath as the new prime minister following the resignation of Mahinda Rajapaksa on Monday amid violent protests in Colombo, Daily Mirror reported.

Earlier, media reports said that the United National Party (UNP) leader is seen as the frontrunner for the post that was formerly held by the president's brother - Mahinda Rajapaksa.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Sri Lanka President Gotabaya Rajapaksa is expected to name the new prime minister today to help steer the island nation past an economic crisis and days of horrific violence that have claimed the lives of at least eight people so far.

Wickremesinghe (if named) will likely be at the head of a "unity" government with cross-party support in the 225-member Sri Lanka parliament.

"A swearing-in is likely today unless there is a last-minute hiccup," a senior official close to the president told AFP.

Late Wednesday night Rajapaksa made a televised address to the nation and said he was working with party leaders to establish a new government. 

He said he would appoint a new PM and a "young cabinet without any Rajapaksas" - a central demand of protesters who blame the powerful family for the crisis. "I will name a prime minister who will command a majority in parliament and the confidence of the people."

Talks to form the new government haven't been particularly smooth, with the main opposition party - the SJB - turning down an invitation to lead the new government unless the president too quits.

Sri Lankan president to appoint new PM, cabinet this week

However, about a dozen SJB MPs are understood to have pledged support to Wickremesinghe, 73, who has been prime minister five times since 1993 and is seen as a pro-West free-market reformist.

In his speech the president also renewed appeals for peace, insisting "violence and hatred must stop" and confirming controversial "shoot at sight" orders.

On Tuesday the government said troops "have been ordered to shoot on sight anyone looting public property or causing harm..."

Those orders came after unrest that saw eight people - including a parliamentarian who reportedly shot dead two protesters - killed, over 200 injured, and dozens of buildings and vehicles torched.

The unrest also forced the military to evacuate Mahinda Rajapaksa from the PM's residence in Colombo after protesters stormed the main gate. He and his family have been shifted to a naval base in the southern part of the island.

Following the violence a curfew was imposed; it was briefly lifted this morning to allow people to buy groceries and other provisions before being re-enforced

Over 22 million Sri Lankans face the country's worst economic crisis since independence with severe shortages of food, medicines and other essential goods, as well as petrol and diesel.

Many Sri Lankans flee capital as political leaders meet to seek solution to crisis

The crisis was triggered by rapidly depleting foreign exchange reserves, which means Sri Lanka was increasingly unable to buy essential goods. 

Sri Lanka has, so far, been bailed out by India, which has offered over $2.5 billion in basic goods, and another $1 billion in fuel.

The Lankan government has secured the promise of aid from the World Bank, but the violence this week means no substantial progress has been made in that promise becoming reality.

And with forex reserves now below $50 million - from $2.31 billion in February - the situation is dire and Sri Lanka is on the brink of bankruptcy.

Top News / World+Biz / South Asia / Politics

Ranil Wickremesinghe / Sri Lanka / Sri Lanka Politics / Sri Lanka crisis

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Russian President Vladimir Putin shakes hands with Iranian Foreign Minister Abbas Araqchi during a meeting at the Kremlin in Moscow, Russia June 23, 2025. Sputnik/Alexander Kazakov/Pool via REUTERS
    US bombing Iran unjustified, Russia ready to help Iranian people: Putin
  • A US Air Force B-2 stealth bomber returns after the US attacked key Iranian nuclear sites, at Whiteman Air Force Base, Missouri, US June 22, 2025 in a still image from video. Photo: ABC Affiliate KMBC via REUTERS
    'We will end this war': Iran issues stark warning to Trump 'the gambler'
  • A satellite view shows an overview of Fordow underground complex, after the US struck the underground nuclear facility, near Qom, Iran June 22, 2025. Photo: MAXAR TECHNOLOGIES/Handout via REUTERS
    Israel attacks Iran's Fordow nuclear facility a day after US strikes

MOST VIEWED

  • Representational image. Photo: Collected
    Power returns to parts of Dhaka after 2-hour outage
  • Official seal of the Government of Bangladesh
    Govt raises minimum special allowance to Tk1,500 for civil servants, Tk750 for pensioners in FY26 budget
  • Representational image. Photo: Collected
    Budget FY26: NBR slashes income tax for publicly traded companies, private educational institutions
  • Infograph: TBS
    BSEC slaps record Tk1,100cr fines for share rigging, recovery almost zero
  • Illustration: Duniya Jahan/TBS Creative
    Govt clears FY26 budget, drops black money amnesty, keeps export support
  • An angry crowd held former chief election commissioner (CEC) KM Nurul Huda in the capital’s Uttara area this evening (22 June). Photo: Focus Bangla
    Ex-CEC Nurul Huda held by angry mob, taken to DB custody

Related News

  • Sri Lanka keen to strengthen relations with Bangladesh's private sector
  • Sri Lanka seeks Bangladesh investment for pharma industry development
  • Sri Lanka train kills elephant despite new safety moves
  • Walton expands footprint in Sri Lanka
  • 21 killed as bus carrying pilgrims crashes in Sri Lanka

Features

The HerWILL mentorship programme - Cohort 01: A rarity in reach and depth

The HerWILL mentorship programme - Cohort 01: A rarity in reach and depth

21h | Features
Graphics: TBS

Who are the Boinggas?

22h | Panorama
PHOTO: Akif Hamid

Honda City e:HEV debuts in Bangladesh

1d | Wheels
The Jeeps rolled out at the earliest hours of Saturday, 14th June, to drive through Nurjahan Tea Estate and Madhabpur Lake, navigating narrow plantation paths with panoramic views. PHOTO: Saikat Roy

Rain, Hills and the Wilderness: Jeep Bangladesh’s ‘Bunobela’ Run Through Sreemangal

1d | Wheels

More Videos from TBS

Australian Border Force signs cooperation agreement with Coast Guard

Australian Border Force signs cooperation agreement with Coast Guard

3h | TBS Today
Delicious Palanna Recipe

Delicious Palanna Recipe

1h | TBS Programs
Make Iran Great Again: Donald Trump

Make Iran Great Again: Donald Trump

4h | TBS World
‘Made In Bangladesh’ solar panels go to US for the first time

‘Made In Bangladesh’ solar panels go to US for the first time

5h | TBS Insight
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net