COLOMBO—Sri Lanka’s President Gotabaya Rajapaksa plans to step down, the country’s parliamentary speaker said on Saturday, bowing to intense pressure after a violent day of protests in which demonstrators stormed the president’s official residence and set fire to the prime minister’s home in Colombo. The announcement, following the dramatic escalation in months of largely peaceful…
Sri Lanka President to Step Down Amid Storm of Protests
COLOMBO—Sri Lanka’s President Gotabaya Rajapaksa will step down next Wednesday, the country’s parliamentary speaker said on Saturday, bowing to popular pressure after a day of violent protests in which demonstrators stormed the president’s official residence and set fire to the prime minister’s home in Colombo. The announcement came after a dramatic escalation in months of…
Sri Lanka Prime Minister Offers Resignation After Protesters Storm President’s House
COLOMBO—Sri Lanka Prime Minister Ranil Wickremesinghe is willing to resign to make way for all-party government, his office said in a statement on Saturday, after thousands of protesters stormed the president’s official residence in Colombo. Soldiers and police were unable to hold back the crowd of chanting protesters demanding President Gotabaya Rajapaksa’s resignation, as public…
Bankrupt Sri Lanka’s Misery Should Be ‘Warning’ to the World: UN
Sri Lanka’s misery should serve as a warning to the rest of the world in dealing with the global food and fuel crisis, the United Nations said on July 7. The cash-strapped country declared bankruptcy on Tuesday after months of severe fuel and food crisis. Sri Lanka has run out of gasoline, while millions of…
Sri Lanka Has Less Than One Day’s Worth of Fuel Stock: Energy Minister
Sri Lanka was left with less than a day’s worth of gasoline on July 4, disrupting the operations of private bus operators and national airlines. The country now has just 12,774 tons of diesel and 4,061 tons of gasoline reserves, Energy Minister Kanchana Wijesekera told reporters on July 4. The next petrol shipment is due…
Sri Lanka Halts Fuel Sales for Private Vehicles, Shuts Schools
Sri Lanka’s government has suspended fuel sales for private vehicles and urged people to work from home to save fuel as the country’s economic crisis continues unresolved. Transport Minister Bandula Gunawardena said on Monday that fuel will only be sold for essential services, such as public transportation, health, food, and export industries, among others. The…
Sri Lanka Sends 2 Ministers to Russia to Eye Oil Amid Crippled Economy
COLOMBO, Sri Lanka—Sri Lanka is sending two ministers to Russia to negotiate for fuel—one of the necessities that the Indian ocean island nation has almost run out of amid its ongoing economic crisis. Power and Energy Minister Kanchana Wijesekera said two ministers are scheduled to leave for Russia on Monday to continue in person talks…
Australia Provides Aid to Sri Lanka Amidst Worst Crisis in 70 Years
June 24, 2022
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Australia will provide Sri Lanka with $50 million (US$34.5 million) dollars of development assistance to help meet urgent food and healthcare needs as it battles its worst economic crisis in 70 years. Australian Foreign Minister Penny Wong said Australia would immediately provide $22 million to the World Food Programme for emergency assistance—providing food for three million…
Sri Lanka’s Economy Has ‘Completely Collapsed’: PM
Sri Lanka’s prime minister is increasing efforts to revive the country’s “completely collapsed” economy amid a lack of foreign exchange reserves and severe shortages of essential items. “We are now facing a far more serious situation beyond the mere shortages of fuel, gas, electricity, and food. Our economy has faced a complete collapse,” Prime Minister…
Nearly 5.7 Million Sri Lankans in Dire Need of Life-Saving Aid: UN
Sri Lanka’s unprecedented economic crisis has left millions of its population in need of life-saving aid, with the severe shortages of essential medicines and frequent power cuts jeopardizing the country’s healthcare system. Nearly 5.7 million in Sri Lanka, including children, are in need of immediate life-saving assistance, according to the United Nations. The U.N. launched…
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