<p>Basil Rajapaksa, the youngest of the Rajapaksa siblings, was sworn in as Sri Lanka's Finance Minister on Thursday, marking the further consolidation of the family's power within the government.</p>.<p>Basil, 70, became the fourth Rajapaksa brother after President Gotabaya, Prime Minister Mahinda, Agricultural Minister Chamal to enter the Cabinet.</p>.<p>With the entry of Basil in the Cabinet, there are as many as 7 family members in the top echelons of the government.</p>.<p>The Finance Ministry until Thursday morning was under Prime Minister Mahinda Rajapaksa. Mahinda has now been given a new portfolio of economic policy and plan implementation.</p>.<p>Namal, the elder son of Mahinda, is the Cabinet minister of sports, while Shasheendra the son of Chamal is a state minister. Nipuna Ranawaka, a government backbencher is the nephew of the big four.</p>.<p>Basil was seen as the livewire and the intellectual pillar in the Mahinda Rajapaksa administration between 2010 and 2015.</p>.<p>A dual citizen of the US and Sri Lanka, Basil headed all key task forces from economic management to environment under the current administration of Gotabaya Rajapaksa.</p>.<p>Basil, who did not contest the last parliamentary election in August 2020, entered parliament through the national list of elected parliamentarians.</p>.<p>A ruling Sri Lanka Podujana Peramuna (SLPP or Sri Lanka People's Front) national list MP resigned this week to make way for Basil to enter parliament.</p>.<p>Only the members of parliament are eligible to become ministers.</p>.<p>The ruling SLPP believes that Basil’s entry as a key political strategist would revive the government’s fortunes amidst the pandemic.</p>.<p>The government of late has come under the hammer for sluggish economic performance, rapidly dwindling foreign reserves, a huge external debt portfolio and its handling of the Covid-19 pandemic. </p>
<p>Basil Rajapaksa, the youngest of the Rajapaksa siblings, was sworn in as Sri Lanka's Finance Minister on Thursday, marking the further consolidation of the family's power within the government.</p>.<p>Basil, 70, became the fourth Rajapaksa brother after President Gotabaya, Prime Minister Mahinda, Agricultural Minister Chamal to enter the Cabinet.</p>.<p>With the entry of Basil in the Cabinet, there are as many as 7 family members in the top echelons of the government.</p>.<p>The Finance Ministry until Thursday morning was under Prime Minister Mahinda Rajapaksa. Mahinda has now been given a new portfolio of economic policy and plan implementation.</p>.<p>Namal, the elder son of Mahinda, is the Cabinet minister of sports, while Shasheendra the son of Chamal is a state minister. Nipuna Ranawaka, a government backbencher is the nephew of the big four.</p>.<p>Basil was seen as the livewire and the intellectual pillar in the Mahinda Rajapaksa administration between 2010 and 2015.</p>.<p>A dual citizen of the US and Sri Lanka, Basil headed all key task forces from economic management to environment under the current administration of Gotabaya Rajapaksa.</p>.<p>Basil, who did not contest the last parliamentary election in August 2020, entered parliament through the national list of elected parliamentarians.</p>.<p>A ruling Sri Lanka Podujana Peramuna (SLPP or Sri Lanka People's Front) national list MP resigned this week to make way for Basil to enter parliament.</p>.<p>Only the members of parliament are eligible to become ministers.</p>.<p>The ruling SLPP believes that Basil’s entry as a key political strategist would revive the government’s fortunes amidst the pandemic.</p>.<p>The government of late has come under the hammer for sluggish economic performance, rapidly dwindling foreign reserves, a huge external debt portfolio and its handling of the Covid-19 pandemic. </p>