CA Sri Lanka calls for smooth transition of power following Prez, PM resignations

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) yesterday welcomed the announcements of resignations by President Gotabaya Rajapaksa and Prime Minister Ranil Wickremesinghe and urged them to ensure a smooth transition of power, respecting the demands of the people. 

“CA Sri Lanka also urges all political parties and political leaders to set aside their differences and join hands for the sake of Sri Lanka by forming an interim all-party government to address the urgent issues at hand right now, due to the ongoing economic crisis,” CA Sri Lanka said in a statement.

“We also call on the interim government to ensure law and order is maintained across the country while taking steps to restore peace amongst the people,” it added. The statement further urged that the new interim government should ensure that the negotiations with the International Monetary Fund are continued and an agreement is reached soon. 

“We hope that the new interim government will also take speedy steps to address the burning issues of the people such as the massive shortage of fuel and gas and the escalating inflation, without further inconveniencing the public while ensuring the economic stability of the country,” the statement noted.

“Sri Lanka is in need of political reforms and as the national body of accountants, we reiterate the need for the interim government to ensure this as early as possible by submitting the relevant legalisations to Parliament,” it added.