Former Minister and SLPP founder Basil Rajapaksa is likely to take oaths as a Parliamentarian on the 6th of July. According to SLPP sources, he will swear in as the Minister of Finance and Economic Development on the same day. National List member, Ranjit Bandara will resign to pave the way for Rajapaksa to enter Parloament.
Soon after taking over the new portfolio, he will reduce the prices of fuel by a significant amount, SLPP sources said.
Mr Rajapaksa functioned as the Economic Development Minister under former President Mahinda Rajapaksa.
Mr Basil Rajapaksa, who was overseas for a while, arrived in the country yesterday.