Sri Lanka Faces Collapse; Protestors Storm Presidential Palace

Sri Lanka Rebellion

Crippling Inflation And Evaporated Foreign Currency Reserves Have Caused Massive Shortages Of Fuel and Food In The Country

Sri Lanka’s Prime Minister Ranil Wickremesinghe said he would resign if necessary to allow an all-party government to take over after protesters broke into his official residence in Colombo.

Anger reached unprecedented levels in the South Asian nation of 22 million on Saturday, as more than 100,000 people massed outside Rajapaksa’s residence, calling for his resignation. Protesters also breached Wickremesinghe’s official residence in Colombo and set his private residence on fire.

If Wickremesinghe and Rajapaksa resign, the parliament speaker will serve as acting president for 30 days.

A police curfew was lifted in the Western Province of Sri Lanka on Saturday after several politicians and the Bar Association in Sri Lanka referred to the measure as “illegal.”

On Saturday, crowds of anti-government demonstrators protested outside the Galle International Stadium in Sri Lanka, though the protests didn’t stop play. They waved Sri Lankan flags and carried banners with signs reading “Power to the people” and “GotaGoHome.”

Schools have been suspended, fuel has been limited to essential services, and food prices are soaring due to the shortage. This is a problem that has brewing for a couple years as countries with foreign currency denominated debts get crushed by the inflationary environment spreading across the world.

For more on this story, please consider these sources:

  1. Sri Lankan President Gotabaya Rajapaksa to resign Wednesday, Parliament speaker says  CBS News
  2. Protesters storm president’s residence in Sri Lanka  Reuters
  3. Sri Lanka prime minister says he’s willing to resign as protesters storm president’s residence  CNN
  4. Sri Lankan PM agrees to quit amid biggest political turmoil  The Associated Press – en Español
  5. Sri Lanka President Rajapaksa says he’ll resign after protesters storm his official residencenister resigns  The Washington Post
  6. View Full Coverage on Google News
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