Newly appointed Minister of Finance Ali Sabry has resigned from his post.
He was appointed to the post only yesterday by President Gotabaya Rajapaksa.
However, within 24 hours, Minister Sabry has stepped down citing on-going developments in the country.
The former Minister has directed his letter of resignation to President Gotabaya Rajapaksa.
In his letter, MP Sabry had stated that he had no intention to take up any other portfolios when he tendered his resignation as the Minister of Justice on the 3rd of April.
The MP claimed he was urged by the business community, professionals and a few former Ministers to take the Finance portfolio.
He said however after much deliberation and considering the prevailing situation in the country, he decided to resign as the Minister of Finance.
MP Sabry has also urged the Head of State to make suitable interim arrangements to navigate the prevailing situation.