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Sri Lanka Economic Crisis: Sri Lankan parties agree to form all-party interim govt after Rajapaksa's resignation

THE TIMES OF INDIA | Jul 11, 2022, 06:11:58 IST

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Sri Lanka Economic Crisis: Sri Lankan parties agree to form all-party interim govt after Rajapaksa's resignation

Sri Lanka Crisis live: Sri Lankan parties have agreed to form an all-party interim government after President Gotabaya Rajapaksa's anticipated resignation on Wednesday. Embattled Rajapaksa, whose location is still unknown since the protesters overran both his office and the official residence, has ordered officials to ensure the smooth distribution of cooking gas. Sri Lankan Army chief General Shavendra Silva today said that there is an opportunity to resolve the current political crisis in a peaceful manner, seeking people's support. Meanwhile, three persons have been arrested for setting the Sri Lanka PM's residence on fire. Stay with TOI for more updates

15:21 (IST) Jul 10

Blinken has said that Russia food blockade may be a 'factor' in Sri Lanka unrest. (AFP)

14:37 (IST) Jul 10

Sri Lankan Police arrest three persons for setting fire to PM Wickremesinghe's private residence

Sri Lankan police on Sunday arrested three people for setting Prime Minister Ranil Wickremesinghe's private residence here on fire a day earlier, which caused extensive destruction of the property, media reports said. A group of irate protesters on Saturday night entered Wickremesinghe's private residence at Cambridge Place and set it on fire, inflicting extensive damage to the property and damaging a luxury sedan, amid massive anti-government protests.

14:25 (IST) Jul 10

Congress expresses its solidarity with Sri Lanka & its people

Congress expresses its solidarity with Sri Lanka & its people in this moment of grave crisis & hopes they'll be abl… https://t.co/TRlIwVr9hc
— ANI (@ANI) 1657441469000

14:00 (IST) Jul 10

If both president and prime minister resign, Speaker Mahinda Yapa Abeywardena will take over as temporary president, according to the constitution

13:52 (IST) Jul 10

Even with help from India and others, in April the country defaulted on its $51-billion foreign debt pile and has been for months in bailout talks with the International Monetary Fund

13:16 (IST) Jul 10

"We have been supportive of Sri Lanka, are trying to help, and have always been helpful. They are working through their problem, we will see what happens. There is no refugee crisis right now, said Jaishankar upon his arrival in Kerala as part of intensifying the BJP's efforts to make gains in South India.

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13:04 (IST) Jul 10

44,000 MT urea under India's credit line set to arrive in Colombo

Indian High Commissioner to Sri Lanka Gopal Baglay met with Sri Lanka's Agriculture Minister Mahinda Amaraweera and informed him about the arrival of over 44,000 MT of urea supplied under a credit line extended by New Delhi to Colombo. Taking to Twitter, the Indian High Commissioner to Sri Lanka tweeted, "Various sections, diverse demands: one partner - India!!!! High Commissioner met the Hon'ble Agriculture Minister and informed him about the arrival of more than 44,000 MT of urea supplied under a credit line extended by India to Sri Lanka."

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12:48 (IST) Jul 10

Speaking to reporters outside the Thiruvananthapuram airport after arriving in the state capital on a three-day visit, Jaishankar said, "We have been very supportive of Sri Lanka. We are trying to help and we are always very helpful where they are concerned.

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12:44 (IST) Jul 10

Indian govt supportive of Sri Lanka, trying to help it

EAM Jaishankar

12:37 (IST) Jul 10

Sri Lankan protesters refuse to budge Sunday from President Gotabaya Rajapaksa's residence after storming his home, forcing him to flee with the navy and to announce his resignation

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12:35 (IST) Jul 10

Awe and anger in Sri Lanka's ransacked presidential palace

Sri Lankans roamed through a ransacked presidential palace on Sunday as calm returned to the commercial capital, Colombo, a day after protesters stormed the building and forced President Gotabaya Rajapaksa to announce his resignation.Prime Minister Ranil Wickremesinghe also said he would step down to allow an all-party interim government to take over, with Rajapaksa scheduled to quit on July 13, according to the speaker of parliament.

12:19 (IST) Jul 10

Sri Lankan Police arrest three persons for setting fire to PM Wickremesinghe's private residence

Sri Lankan police on Sunday arrested three people for setting Prime Minister Ranil Wickremesinghe's private residence on fire a day earlier, amidst massive anti-government protests, media reports said. A group of irate protesters on Saturday entered Wickremesinghe's private residence at Cambridge Place here and set it on fire amid a massive public protest in the country over the unprecedented economic crisis.

11:57 (IST) Jul 10

Watch: Protestors reach the grounds of Presidential palace in Colombo, Sri Lanka

#WATCH | Protestors reach the grounds of Presidential palace in Colombo, Sri Lanka It's time that we got all our s… https://t.co/aUNHOwSbdE
— The Times Of India (@timesofindia) 1657434394000

11:45 (IST) Jul 10

A video is being shared on social media showing the protesters counting the currency notes that were unearthed. The recovered money was said to be handed over to the security units, the Daily Mirror newspaper reported

11:41 (IST) Jul 10

Sri Lankan protesters find millions of rupees from Gotabaya Rajapaksa's house amid economic turmoil

Protesters who stormed President Gotabaya Rajapaksa's house on Saturday amid the country's worst economic crisis claimed to have recovered a large sum of money from the mansion, local media reported. According to Sri Lanka's daily newspaper, Daily Mirror, it was reported that the recovered money was handed over to the security units.

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10:54 (IST) Jul 10

Sri Lanka opposition hopes to install new gov't amid turmoil

Sri Lanka’s opposition political parties will meet Sunday to agree on a new government a day after the country’s president and prime minister offered to resign in the country’s most chaotic day in months of political turmoil, with protesters storming both officials’ homes and setting fire to one of the buildings in a rage over the nation’s economic crisis. Protesters who stormed the president’s official residence, his office and the prime minister’s official residence on Saturday spent the night there, saying they will stay until the leaders officially resign.

10:51 (IST) Jul 10

A timeline:

10:39 (IST) Jul 10

Sri Lankan President Rajapaksa's whereabouts still not known as protesters continue to occupy his residence

The anti-government protesters in Sri Lanka on Sunday continued to occupy the residences of President Gotabaya Rajapaksa and Prime Minister Wickremesinghe, a day after they stormed into the premises and set on fire one of the buildings protesting over the nation's severe economic crisis even as the island nation is still in the dark about the embattled President's whereabouts. Rajapaksa's only communication outside since the protesters stormed into the city has been with the Parliament Speaker Mahinda Yapa Abeywardena, who announced late Saturday night that the President would resign on Wednesday.

10:18 (IST) Jul 10

Calm in Sri Lanka as president, PM to quit over economic collapse

Calm returned to the streets of Sri Lanka's commercial capital Colombo on Sunday and protesters were jubilant as President Gotabaya Rajapaksa agreed to resign after his house was stormed amid outrage over the South Asia nation's collapsing economy. Protesters, many wrapped in the Sri Lanka flag, swarmed into his whitewashed colonial-era residence on Saturday, jumped into the swimming pool and sat on a four-poster bed. Others set fire to the private home of Prime Minister Ranil Wickremesinghe, who also agreed to resign to make way for an all-party government.

09:53 (IST) Jul 10

IMF hopes for resolution of Sri Lanka crisis to allow bailout talks: Key points

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