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Sri Lanka President Names Advisers for Debt Crisis Even as Calls to Quit Amplify

  • Group of fiscal experts, economists named to the panel
  • Rajapaksa’s coalition is in the minority in parliament
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CPA's Fonseka On Sri Lanka's Political Instability
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Sri Lanka’s president named an advisory panel to help resolve a growing debt crisis and engage with lenders, including the International Monetary Fund, signaling he remained in control despite his government losing its parliamentary majority and calls for his resignation.

Gotabaya Rajapaksa used his sweeping executive powers to name the group made up of economists and fiscal experts to advise him, after his new finance minister resigned within 24 hours and the opposition rejected his invitation to join an interim government.