India will lend Sri Lanka $400 million for infrastructure projects, Prime Minister Narendra Modi said on Friday after talks with the island nation's new President Gotabaya Rajapaksa aimed at improving bilateral ties.
Sri Lanka's newly-elected leader Gotabaya Rajapaksa appointed his brother Mahinda Rajapaksa, the current Prime Minister, as the interim government's new finance minister, state television showed in a live telecast on Friday.
Sri Lanka's newly elected president Gotabaya Rajapaksa on Thursday swore in his elder brother, former president Mahinda Rajapaksa, as prime minister, cementing the powerful family's political comeback.
Sri Lanka's newly elected president is set to name his brother and current opposition leader Mahinda Rajapaksa as interim prime minister, a party spokesman said on Wednesday, just hours after the sitting premier said he plans to step down.
Sri Lankan Prime Minister Ranil Wickremesinghe said on Wednesday he would resign this week after his party's candidate lost a presidential election, and local media reports suggest the new president would name his own brother as the new interim premier.
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