MACAU DAILY TIMES 澳門每日時報

Top Menu

  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia

Main Menu

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
logo
FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,

MACAU DAILY TIMES 澳門每日時報

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • “Luminous Brilliance: The Artistry of Zibo Liuli” Opens This October at POLY MGM MUSEUM in Macau

  • Gov’t rolls out 10-week spending drive with three stackable voucher types

  • Uber’s numbers climb, but users see little change

  • The Chinese Library welcomes autumn at Tai Kwun

  • DSEDJ will implement AI-based education across all school stages

  • Property firm busted for selling foreign worker quotas in RMB1 million scheme

Asia-Pacific
Home›Asia-Pacific›Cabinet reshuffled to counter economic crisis
Sri Lanka

Cabinet reshuffled to counter economic crisis

By -
Tuesday, April 19, 2022
64
0
Share:

Sri Lanka’s president appointed 17 new Cabinet ministers yesterday as he and his powerful family seek to resolve a political crisis resulting from the country’s dire economic state.

The appointments follow weeks of protests over fuel and food shortages and demands that President Gotabaya Rajapaksa and his government resign.

The president’s older brother, Prime Minister Mahinda Rajapaksa, remains but some other relatives were dropped in what’s seen as an attempt to pacify the protesters without giving up the family’s hold on power.

Many seniors and those facing corruption allegations were excluded from the Cabinet in line with calls for a younger administration, though the finance and foreign affairs ministers are retaining their positions to assist with economic recovery.

Speaking to the new ministers, President Rajapaksa requested their support for an efficient, clean government.

“Today, most of the government institutions are under serious economic difficulties and it is absolutely essential to rectify it,” Rajapaksa said, calling the crisis “an opportunity to bring about the system change that the people expected.”

The Cabinet resigned on April 3 after protests erupted across the country and demonstrators stormed and vandalized the homes of some Cabinet ministers.

Thousands of protesters were occupying the entrance to the president’s office for a 10th day yesterday.

Opposition parties have rejected an invitation by Rajapaksa to form a coalition unity government while he and his brother would remain in power. Opposition parties have failed, meanwhile, to gain a parliamentary majority.

Sri Lanka is on the brink of bankruptcy, with nearly $7 billion of its total $25 billion in foreign debt due for repayment this year. A severe shortage of foreign exchange means the country lacks money to buy imported goods.

People have endured months of shortages of essentials like food, cooking gas, fuel and medicine, lining up for hours to buy the very limited stocks available.

Last week, the government said it was suspending repayment of foreign loans pending talks with the International Monetary Fund. Sri Lanka’s Finance Minister Ali Sabry and officials left for talks with the IMF on Sunday. The IMF and World Bank are holding annual meetings in Washington this week.

Sri Lanka has turned to China and India for emergency loans to buy food and fuel.

Much public anger has been directed at Rajapaksa and his elder brother the prime minister. They head an influential clan that has held power for most of the past two decades.

BHARATHA MALLAWARACHI, COLOMBO, MDT/AP

FacebookTweetPin

Share this:

  • Share on Facebook (Opens in new window) Facebook
  • Share on X (Opens in new window) X

Like this:

Like Loading…

Related

Previous Article

Russian strikes kill at least seven in ...

Next Article

PM Morrison warns of a resurgence in ...

0
Shares

    Related articles More from author

    • Asia-Pacific

      Vietnam | Prime Minister says he’s confident of 6.7pct growth goal

      Tuesday, May 30, 2017
      By -
    • Asia-PacificBuzz

      Australia appoints second woman governor-general in 123 years to represent British monarch

      Tuesday, July 2, 2024
      By -
    • Asia-Pacific

      Korea-US | Pence warns North Korea ‘era of strategic patience is over’

      Tuesday, April 18, 2017
      By -
    • Asia-PacificHeadlines

      Philippines ready to back US if it gets embroiled in war

      Friday, March 11, 2022
      By -
    • Asia-Pacific

      Thailand Customs seize 422 pieces of smuggled elephant tusks

      Wednesday, March 8, 2017
      By -
    • Asia-Pacific

      Afghanistan | Car bombing kills at least 26 civilians near former CIA base

      Tuesday, July 14, 2015
      By -
    0

    • Opinion

      World Views | When is equal pay day for white women?

    • Forum

      Angola | Minister inaugurates project built by Chinese company

    • Macau

      Arts Festival becomes latest event canceled due to coronavirus

    DAILY EDITION

    Friday, September 18, 2026 – edition no. 5039
    Friday, September 18, 2026 – edition no. 5039

    Greater Bay

    MDT MACAU GRAND PRIX SPECIAL

    September 2026
    M T W T F S S
     123456
    78910111213
    14151617181920
    21222324252627
    282930  
    « Aug    

    Timeline

    • Friday, September 18, 2026

      “Luminous Brilliance: The Artistry of Zibo Liuli” Opens This October at POLY MGM MUSEUM in Macau

    • Friday, September 18, 2026

      Gov’t rolls out 10-week spending drive with three stackable voucher types

    • Friday, September 18, 2026

      Uber’s numbers climb, but users see little change

    • Friday, September 18, 2026

      The Chinese Library welcomes autumn at Tai Kwun

    • Friday, September 18, 2026

      DSEDJ will implement AI-based education across all school stages

    • Friday, September 18, 2026

      Property firm busted for selling foreign worker quotas in RMB1 million scheme

    • Friday, September 18, 2026

      Huawei unveils new chips as firm steps up the AI race with Nvidia

    • Friday, September 18, 2026

      AI agents learn from ‘the best’

    • Friday, September 18, 2026

      Survey finds high satisfaction among Macau families in Hengqin

    • Friday, September 18, 2026

      Late renewal fees for non-resident workers rise

    Extra Times

    Extra TimesHeadlinesTaste of Edesia

    The Chinese Library welcomes autumn at Tai Kwun

    The Chinese Library, the contemporary Chinese restaurant at Tai Kwun, has unveiled a new autumn menu led by Executive Chef Junno Li. Recognised with One Diamond in the Black Pearl ...
    • Ethan Hawke leads a tense, Depression-era thriller in ‘The Weight’

      By MDT/AP
      Friday, September 18, 2026
    • QMS Medicosmetics launches at Mandarin Oriental Macau: Where German science meets luxury skincare

      By -
      Friday, September 18, 2026
    • The confluence of craft: An evening at Estuary

      By Irene Sam, MDT
      Friday, September 11, 2026
    • The Korean thriller ‘Hope’ is a creature feature to the tilt

      By MDT/AP
      Friday, September 11, 2026
    • Recent

    • Popular

    • “Luminous Brilliance: The Artistry of Zibo Liuli” Opens This October at POLY MGM MUSEUM in ...

      By MGM Macau PR
      Friday, September 18, 2026
    • Gov’t rolls out 10-week spending drive with three stackable voucher ...

      By Yuki Lei, MDT
      Friday, September 18, 2026
    • Uber’s numbers climb, but users see little change

      By Renato Marques, MDT
      Friday, September 18, 2026
    • The Chinese Library welcomes autumn at Tai Kwun

      By Irene Sam, MDT
      Friday, September 18, 2026
    • DSEDJ will implement AI-based education across all school stages

      By Ricaela Diputado, MDT
      Friday, September 18, 2026
    • Property firm busted for selling foreign worker quotas in RMB1 million scheme

      By Ricaela Diputado, MDT
      Friday, September 18, 2026
    • Huawei unveils new chips as firm steps up the AI race with Nvidia

      By -
      Friday, September 18, 2026
    • Canidrome may have its days numbered, decision in ‘one or two months’

      By Paulo Coutinho, MDT
      Thursday, May 26, 2016
    • Animal Welfare | Macau: Anima slams Canidrome management for avoiding debate

      By -
      Wednesday, May 4, 2016
    • Editorial | Canidoomed

      By Paulo Coutinho, MDT
      Wednesday, June 1, 2016
    • Animal Welfare | Canidrome presented with ultimatum: close or move

      By Daniel Beitler, MDT
      Friday, July 22, 2016
    • Australia regulator cracks down on alleged exportation of dogs to Macau

      By Paulo Coutinho, MDT
      Friday, June 10, 2016
    • USE OF ENGLISH IN MACAU | A ‘de facto’ official language

      By Catarina Pinto
      Monday, July 6, 2015
    • Animal rights | Canidrome: Anima in fresh airline negotiations as Canidrome closure looks more likely

      By Daniel Beitler, MDT
      Friday, May 27, 2016
    • Contact our Administrator
    • Contact our Editor-in-Chief
    • Contacts
    • Our Team
    • Privacy Policy
    • Terms and Conditions
    • Editorial Statute
    • Code of Ethics
    COPYRIGHT © MACAU DAILY TIMES 2008-2026. ALL RIGHTS RESERVED
    MACAU DAILY TIMES
    • Home
    • Macau
      • Photo Shop
      • Advertorial
    • Interview
    • Greater Bay
    • Business
      • Corporate Bits
    • China
    • Asia
    • World
    • Sports
    • Opinion
      • Editorial
      • Our Desk
      • Business Views
      • China Daily
      • Multipolar World
      • The Conversation
      • World Views
    • Our Team
    • Editorial Statute
      • Code of Ethics
      • Privacy Policy
      • Terms and Conditions
    • Archive
      • PDF Editions
    • Contacts
    • Extra Times
      • Drive In
      • Book It
      • tTunes
      • Features
      • World of Bacchus
      • Taste of Edesia
    Loading Comments...

    You must be logged in to post a comment.

    %d