The new premier, Ranil Wickremesinghe, has already served in the office five times — but it remains to be seen whether he will be able to get any legislation through parliament.
The 73-year-old will be tasked with navigating Sri Lanka through the worst downturn in its history as an independent nation, with months of shortages and blackouts inflaming public anger.
“We want to return the nation to a position where our people will once again have three meals a day,” Wickremesinghe said after his appointment. “Our youth must have a future.”
In a bid to win over opposition lawmakers demanding he quit, President Gotabaya Rajapaksa, 72, had pledged to give up most of his executive powers and pave the way for a new cabinet.
Mahinda Rajapaksa, the president’s brother, resigned as prime minister on Monday after his supporters attacked anti-government demonstrators who had been protesting peacefully for weeks.
This marked a turning point and unleashed several days of chaos and violence in which at least nine people were killed and over 200 injured, with dozens of Rajapaksa loyalist homes set on fire.
On Thursday, a court banned Mahinda, his politician son Namal, and more than a dozen allies from leaving the country after ordering an investigation into the violence.
“Congratulations to the newly appointed Prime Minister,” Mahinda tweeted from the Trincomalee naval base on the country’s east coast, where he took refuge after fleeing the capital Colombo.
“I wish you all the best as you navigate these troubled times.” Security forces patrolling in armoured personnel carriers with orders to shoot looters on sight have largely restored order.
A curfew was lifted on Thursday morning — only to be reimposed after a six-hour break allowing Sri Lanka’s 22 million people to stock up on essentials.
Sri Lankans have suffered months of severe shortages of food, fuel and medicine — as well as long power cuts — after the country burnt through foreign currency reserves needed to pay for vital imports.
The central bank chief warned that the economy would “collapse beyond redemption” unless a new government was urgently appointed.
Wickremesinghe is seen as a pro-West free-market reformist, potentially making bailout negotiations with the International Monetary Fund and others smoother.
With many from Rajapaksa’s party having defected in recent months, no group in the 225-member assembly has an absolute majority, making parliamentary approval of the unity government’s legislation potentially tricky. Wickremesinghe insisted he had enough support to govern when speaking to reporters after his appointment.
But it remains to be seen whether a new cabinet will be enough to calm public anger if Rajapaksa continues to resist calls for his resignation.