By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AIT LIVEAIT LIVEAIT LIVE
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Font ResizerAa
Font ResizerAa
AIT LIVEAIT LIVE
Search AIT
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Follow US

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

Last updated: July 9, 2022 6:21 pm
3 years ago
Share
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)

Share This Article
Facebook Twitter Whatsapp Whatsapp Email Print

RSS APO Group – Africa-Newsroom: latest news releases related to Africa

  • APO Group Selected as Emirates’ Public Relations Agency for Africa October 13, 2025
  • ECOFEST Dakar 2025: The Economic Community of West African States (ECOWAS), UEMOA and the government of Senegal prepare for the second joint meeting of the regional and national organising committee October 13, 2025
  • Eritrea: Encouragement for Outstanding Students in Central Region October 13, 2025
  • Eritrea: Potable Water Project in Beleza Administrative Area October 13, 2025
  • World Health Organization (WHO) and European Civil Protection and Humanitarian Aid Operations (ECHO) provide essential aid for malnourished children in Somalia October 12, 2025

Trending

aitlive 9
Breaking: INEC admits glitch in results transmission as Court Reserves Judgement In Atiku’s Petition Against Tinubu, electoral body
2023 Elections Headlines
aitlive 1 19 1
Nigeria Air: MD Confirms Unveiled Aircraft Was Hired Ethiopia Flight
Local
LABOUR PARTY
Breaking: LP And Presidential Candidate, Peter Obi, Get Court Permission To Inspect Forensic Materials
2023 Elections
AIT-IMAGES - US House Republicans
US House Republicans authorize Biden impeachment inquiry
World
PETER OBI
Drama in court as judges order Peter Obi’s legal team to go home
Headlines

Section

  • Headlines
  • Local
  • Business
  • Politics
  • Sports
  • Crime
  • Education
  • Health
  • Entertainment

Programmes

  • Kakaaki
  • Focus Nigeria
  • Democracy Today
  • People Politics and Power
  • News Hour
  • AIT Reports
  • World News
  • Moneyline With Nancy
  • Jigsaw

About Us

  • About AIT
  • Our History
  • Our Awards
  • Our Values
  • Privacy Policy


Follow US
© AIT.LIVE. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

THE MOST IMPORTANT NEWS HEADLINE AND EVENT OF THE DAY

Subscribe to our mailing list to receive daily news update direct in your inbox!

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?