prefix and suffix exercises for grade 9.benefits of sleeping with a married man.how to add a clickable link to your youtube video description.However, many blame the country's decline on economic mismanagement by Rajapaksa.ĭiscontent has increased in recent weeks as the cash-strapped country stopped receiving fuel shipments, forcing school closures and rationing of petrol and diesel for essential services. The fertilizer ban was reversed in November. It has been compounded by the build-up of hefty government debt, rising oil prices and a ban on the import of chemical fertilizers last year that devastated agriculture. The economic crisis developed after the COVID-19 pandemic hammered the tourism-reliant economy and slashed remittances from overseas workers. Political instability could undermine Sri Lanka's talks with the International Monetary Fund as it seeks a $3 billion bailout, the restructuring of some foreign debt and fund-raising from multilateral and bilateral sources to ease the dollar drought. "The Speaker can appoint a new all-party government but whether they will be accepted by the protesters remains to be seen." Economic crisis "If a clear transition is not put in place the president and prime minister's resignation will create a power vacuum that could be dangerous," Perera said. Political analyst Kusal Perera said the situation was "dicey". "Afterwards under a set time an election can be held for the people to elect a new parliament," it added. "Under the acting president the present parliament can appoint a new prime minister and an interim government," said the letter released by the Speaker's office. ![]() The parliamentary speaker, Abeywardena, said in a letter to Rajapaksa that several decisions had been made at the meeting of party leaders - including the president and the prime minister resigning as soon as possible and parliament being called within seven days to select an acting president. "Wickremesinghe has told the party leaders that he is willing to resign as Prime Minister and make way for an all-party government to take over," his office said in a statement. The decision by the president and prime minister to step aside came after Wickremesinghe held talks with several political party leaders to decide what steps to take following the unrest. Soaring inflation, which reached a record 54.6% in June and is expected to hit 70% in the coming months, has heaped hardship on the population. The country is struggling under a severe foreign exchange shortage that has limited essential imports of fuel, food and medicine, plunging it into the worst economic crisis since independence in 1948. Wickremesinghe had moved to a secure location, a government source told Reuters early in the day.Īt least 39 people, including two police officers, were injured and hospitalized during the protests, hospital sources told Reuters. There were no immediate reports of injuries in the blaze. His office said that protesters had started the fire. Later on Saturday, video footage on local news channels showed a huge fire and smoke coming from Wickremesinghe's private home in an affluent Colombo neighborhood. ![]() Reuters could not immediately confirm his whereabouts. Rajapaksa had left on Friday as a safety precaution ahead of the planned weekend demonstration, two defense ministry sources said. ![]() Some could be seen emptying out a chest of drawers in images that were widely circulated on social media. Video footage showed some of them splashing in the swimming pool, while others sat on a four-poster bed and sofas. Inside the president's whitewashed colonial-era residence, a Facebook livestream showed hundreds of protesters, some draped in the national flag, packing into rooms and corridors. Neither Rajapaksa nor Wickremesinghe were in their residences when the buildings were attacked. Police fired shots in the air but were unable to stop the crowd from surrounding the presidential residence, a witness said. Throughout the day, soldiers and police were unable to hold back a crowd of chanting protesters demanding Rajapaksa's resignation and blaming him for the country's worst economic crisis in seven decades.
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