Hanaa Singer-Hamdy, UN resident coordinator in Sri Lanka, said the UN expects political stability to improve in the coming weeks as the new government begins work. Speaking to his official Twitter account, Hamdy assured Sri Lanka that the UN would continue to cooperate and support Sri Lanka’s recovery from the current crisis at the technical level. Hanaa Singer-Hamdy’s statement comes as Sri Lankan President Gotabaya Rajapaksa has appointed United National Party (UNP) leader Ranil Wickremesinghe as the island nation’s new prime minister.
Hanaa Singer-Hamdy tweeted, “We hope for greater political stability in the coming weeks as the new government begins to work. Our cooperation at the technical level continues to support #SriLanka’s recovery from the current crisis. Earlier on May 12, Ranil Wickremesinghe took his appointment as the new Prime Minister came just days after former Prime Minister Mahinda Rajapaksa tendered his resignation after violent clashes erupted between government supporters and anti-government protesters. Gotabaya Rajapaksa was sworn in to four new cabinet ministers, who belonged to Sri Lanka’s presidential Podujana Peramuna party, according to AP.
We hope for greater political stability in the coming weeks as the new government begins to work. Our technical cooperation continues to support #Sri Lankaof the current crisis.
— Hanaa Singer-Hamdy (@SingerHanaa) May 14, 2022
Sri Lankan PM intends to develop plan in coordination with IMF
It is worth mentioning here that Sri Lanka is facing an acute economic crisis associated with shortages of food, fuel, cooking gas and other essential services. People have blamed the economic crisis on the Rajapaksa government and have been protesting for several weeks, demanding the resignation of the Rajapaksa brothers. According to Sri Lanka’s finance ministry, the country currently has $25 million in usable foreign exchange reserves and the shortage of foreign exchange has disrupted imports of raw materials for production, according to AP. In the latest development, newly appointed Sri Lankan Prime Minister Ranil Wickremesinghe said a plan will be drawn up in cooperation with the International Monetary Fund and friendly countries to resolve the current economic crisis. Colombo Page reported citing the BBC’s Sinhalese Service. He pledged to ensure a steady supply of food and stressed that people should be able to eat three meals a day. He said he would also seek help from other nations to resolve the economic crisis. He said they needed to increase income in rupees and receive foreign currency.