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The Supreme Court had asked the Centre to consider providing a one-time package to the State government by March 31 to deal with its financial issues.
Earlier, tech giants Microsoft, Facebook and Amazon had axed several employees.
The Army's strength is to be reduced to 100,000 by the year 2030, down from the current figure of 200,783.
He was driven to a state bungalow in a heavily-guarded motorcade on Friday.
The Ministry of External Affairs said India will continue to assist the island nation and support its people in their quest for stability and prosperity through democratic means.
Speaker Abeywardena said President Rajapaksa has telephoned him to confirm that he would be sending his resignation today as pledged.
The 73-year-old Sri Lankan President fled the country along with his wife and two security officers on a military jet on Wednesday.
The Immigration and Emigration Officers Association said its members declined to serve Basil Rajapaksa at the VIP departure lounge of the Colombo airport.
Rajapaksa, a hero of the quarter-century civil war against Tamil rebels, plans to resign on Wednesday, according to the parliament speaker.
Parliament Speaker Mahinda Yapa Abeywardena has claimed the President has told him so.
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