Sri Lanka Economic Crisis: Sri Lankan parties agree to form all-party interim govt after Rajapaksa's resignation
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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
09:36 (IST) Jul 10
Thousands of irate anti-government protesters in Sri Lanka on Saturday stormed into embattled President Rajapaksa's official residence in central Colombo's high-security Fort area after breaking the barricades, as they demanded his resignation over the island nation's worst economic crisis in recent memory
09:33 (IST) Jul 10
Sri Lankan Army chief General Shavendra Silva on Sunday said that an opportunity to resolve the current political crisis in a peaceful manner is now available and sought the people's support to maintain peace in the island nation, hours after embattled President Gotabaya Rajapaksa agreed to step down on July 13. Thousands of irate anti-government protesters in Sri Lanka on Saturday stormed into embattled President Rajapaksa's official residence in central Colombo's high-security Fort area after breaking the barricades, as they demanded his resignation over the island nation's worst economic crisis in recent memory.
09:09 (IST) Jul 10
An interim budget was also due in July or August
08:48 (IST) Jul 10

We are closely monitoring the ongoing developments in Sri Lanka

Peter Breuer, IMF Senior Mission Chief for Sri Lanka, and Masahiro Nozaki, IMF Mission Chief for Sri Lanka said in a statement on Sunday

08:47 (IST) Jul 10
The IMF has concluded a round of policy-level talks with Prime Minister Wickremesinghe who is also Finance Minister and there were some financial issues to be resolved. At the same time, Central Bank Governor Nandalal Weerasinghe said the monetary programme targets were wrapped up
08:04 (IST) Jul 10
Sri Lanka's president to resign after being chased from home
Sri Lanka's President Gotabaya Rajapaksa was preparing Sunday to finally give up power after he fled from protesters who stormed his home, forcing him to announce his resignation. The events on Saturday were the culmination of months of anti-government protests fuelled by an unprecedented economic crisis that bankrupted the South Asian island nation, and fury over the ruling Rajapaksa clan's corruption.
07:55 (IST) Jul 10
The International Monetary Fund (IMF) said it is hoping for a resolution to Sri Lanka's political turmoil that will allow a resumption of talks for a bailout package after a violent day of protests. Sri Lanka's President Gotabaya Rajapaksa will resign on Wednesday after thousands of protesters stormed his official residence and secretariat on Saturday, an official said. Protesters also set fire to Prime Minister Ranil Wickremesinghe's private residence.
07:41 (IST) Jul 10
The United States on Sunday urged Sri Lankan leaders to act quickly to seek long-term solutions after the president was chased from his residence and announced his resignation. As President Gotabaya Rajapaksa prepares to step down, the United States calls on "the Sri Lankan parliament to approach this juncture with a commitment to the betterment of the nation -- not any one political party," a State Department spokesperson said as Secretary of State Antony Blinken visited Thailand.
23:53 (IST) Jul 09
Sri Lanka's Gotabaya Rajapaksa, who oversaw a ruthless crushing of the Tamil Tigers to bring an end to the country's long-running civil war and went on to become president, appears set to be forced from office following months of protests. After the dramatic storming of the president's official residence by protesters on Saturday, the speaker of parliament said in a video statement Rajapaksa had informed him that he would step down on July 13. There was no immediate word from Rajapaksa himself.
22:38 (IST) Jul 09
President Gotabaya Rajapaksa has informed that he will resign from the presidency on the 13th of July 2022: Speaker Mahinda Yapa Abeywardene
22:22 (IST) Jul 09
Sri Lankan President to resign on 13th July, reports Sri Lanka's NewsWire citing Speaker
21:59 (IST) Jul 09
Protestors swim in President Rajapaksa's pool
21:57 (IST) Jul 09
A few years ago, Sri Lanka had an economy strong enough to provide jobs and financial security for its 22 million people. Now its economy is in a state of collapse and the nation is dependent on aid. People are struggling to buy food, fuel and other items.
21:39 (IST) Jul 09
Protestors set ablaze the private residence of Sri Lankan PM Ranil Wickremesinghe
21:20 (IST) Jul 09
Protesters have broken into the private residence of Sri Lankan Prime Minister Ranil Wickremesinghe and have set it on fire.
20:06 (IST) Jul 09
The Prime Minister requests both the security forces and the protesters to act with restraint to prevent any violence and ensure the safety of the public: PMO
20:06 (IST) Jul 09
Prime Minister expresses grave regret over the assault on journalists who are covering the ongoing protests, by security personnel. Freedom of media is paramount to Democracy in Sri Lanka: PMO