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Sri Lanka Economy: President flees as thousands of persons protest worsening situation

Last updated: July 9, 2022 6:21 pm
3 years ago
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1 Min Read
Sri Lanka
Sri Lanka Economy

Thousands of persons have stormed the presidential palace in the Sri Lankan capital, Colombo in protest over the worsening economic situation in the country.

President Gotabaya Rajapaksa has already fled the expansive mansion even as Police fired shots in the air but could not stop crowds from overrunning the residence.

Also Read: Ondo Poly Students protest alleged killing of colleague by Amotekun
Sri Lanka protest
25srilanka 1

The Prime Minister Ranil Wickremesighe has reportedly agreed to resign to make way for an all-party government.

The country has run out of foreign currency and is struggling to import basics like fuel, food and medicine.

Long queues stretching for kilometers are seen across the country.

The blame has been put at the doorstep of the Rajapaksa family, which has been in power for years, for mismanaging the economy and borrowing heavily from overseas.

(Editor: Nkoli Omhoudu)

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