Business

Sri Lankan PM to step down amid economic meltdown

Ranil Wickremesinghe told party leaders that he’ll resign immediately, after President Gotabaya Rajapaksa fled his palace

Ranil Wickremesinghe, the Sri Lankan Prime minister, told party leaders that he was willing to resign and let a new government form. He made the decision after President Gotabaya Rajapaksa fleeing his house before protesters stormed it.

Wickremesinghe’s office announced the news in a statement, around two hours after the PM sat down with political leaders to seek a resolution to the political crisis gripping the South Asian nation. Wickremesinghe’s departure from power means that the speaker will be ineffectively acting as prime minister, until new elections take place. 

Wickremesinghe’s term in office was a short one, beginning in mid-May when he replaced  Mahinda Rajapaksa, brother of current President Gotabaya Rajapaksa. He hasn’t resigned yet, despite protestors storming his Colombo residence earlier this Saturday.

Rajapaska’s whereabouts remain unknown. This has been demanded by several lawmakers.

DETAILS

[ad_2]

Tags

Related Articles

Back to top button