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Former Prime Minister Ranil Wickremesinghe on Sunday (10) accused the incumbent government of plunging the country into a deep economic and political crisis with its "incompetence in dealing with the financial challenges" while also stating that the utter failure has led to a situation where the people are standing in long queues.

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Even though the entire cabinet of ministers including Basil Rajapaksa resigned amidst rising public anger against the government, the country's public finances are still controlled by the former finance minister, it is learnt.

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Despite many doctors trying their hand at treating the Sri Lankan economy that was grasping for breath in the ICU for the last several years, it was only former minister Mangala Samaraweera who was able to provide the correct treatment to ensure that the patient was on its way to recovery, Prof. Rohan Samarajiva said.

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SLPP MP Bandula Gunawardena is to be sworn in as the new Minister of Finance before President Gotabaya Rajapaksa at the Presidential Secretariat, it is learnt.

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Four new Ministers were sworn in before President Gotabaya Rajapaksa at the Presidential Secretariat today (04) following the mass resignation of Cabinet Ministers amid an ongoing economic crisis.