State Minister of Finance, Eran Wickremeratne, has resigned from his ministerial portfolio.
“Please be informed that i have resigned from my position as State Minister of Finance,” he said in a statement.
In addition, Chairman of the Board of Investments, Mangala Yapa, has stepped down from his position in the Board, as well.
“I resign on my own volition. BOI Chairmanship (& the Board) is appointed by the President in terms of the Act. Felt that I should leave, enabling the newly elected President to have a team that he wish to have,” Yapa tweeted.
Yapa worked closely with former Minister of Development Strategies and International Trade, Malik Samarawickrama, who was one of the first Ministers to step down following the defeat of the United National Party at the Presidential polls.