Page 13 - Economic Crisis

President Gotabaya Rajapaksa flees Sri Lanka amid economic crisis

The president of Sri Lanka fled the country, days after protesters stormed his home and office and the official residence of his prime minister amid a three-month economic crisis

Basil Rajapaksa tries to flee Sri Lanka, stopped from boarding flight

Sri Lanka's former finance minister Basil Rajapaksa, who is the youngest brother of President Gotabaya Rajapaksa, was stopped from boarding a flight to Dubai on Monday evening, local media reported

Sri Lanka's situation is very sensitive, very complicated: EAM Jaishankar

The Minister said New Delhi's commitment and support is for the friendly people of the island nation and it wanted to help them to go through a very difficult phase of their life.

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Sri Lanka Prez Rajapaksa tries to flee but airport staff block his exit

Sri Lankan President Gotabaya Rajapaksa, who is due to resign from his post on Wednesday, was stopped from fleeing the crisis-hit nation as airport immigration staff blocked his exit

Sri Lankans turn to bicycles amid fuel shortage, skyrocketing prices

The economic crisis which is the worst in Sri Lanka's history has prompted an acute shortage of essential items like fuel

Sri Lanka's fallen Rajapaksa dynasty is already planning its next comeback

In a recent interview at the ruling party's office in Colombo, which was vandalized by a mob during the May 9 violence, Namal said that Gotabaya "should complete his term and then go"

Lanka central bank chief to stay in job; new Prez to be elected on July 20

Governor P. Nandalal Weerasinghe, who has been holding bailout talks with the IMF since taking office in April, had told reporters in May he could resign if there was no political stability

Sri Lankan President meets country's defence chiefs amid political unrest

Amid the political and economic unrest in Sri Lanka, President Gotabaya Rajapaksa met with the tri-force commanders and the Chief of Defence staff, local media reported.Rajapaksa who was aboard a tri-force naval vessel within the territorial waters of Sri Lanka following the July 9 protest, returned back to land on Monday and met the tri-force commanders and Chief of Defense staff in the morning, reported Daily Mirror.Sri Lankan protesters broke into Prime Minister Ranil Wickremesinghe's private residence on Saturday and set it on fire, angered by the unprecedented economic crisis. The protestors also took control of the President's house and turned it into a tourist hub.Earlier, on Saturday, Speaker Mahinda Yapa Abeywardena announced in a press conference that President Rajapaksa will resign from his post on July 13. Several journalists were also attacked by the security forces after which more protestors gathered in the area.Prime Minister Wickremesinghe also announced to step down .

President Rajapaksa has not left Sri Lanka, clarifies Speaker's office

Sri Lanka's President Gotabaya Rajapaksa is still in the country, Parliament Speaker Mahinda Yapa Abeywardena's office said, dismissing media reports that the embattled leader may have fled SL

Sri Lankan Cabinet to resign once all-party interim govt is formed: PMO

Opposition parties on Sunday held talks and decided to form an all-party interim government after President Rajapaksa and Prime Minister Wickremesinghe agreed to resign

Sri Lankan Central bank governor warns turmoil impedes talks with IMF

'I would like to have a stable political administration, the sooner the better, for us to make progress, mainly on the programmes we are negotiating with the IMF'

Sri Lankan prime minister calls for Cabinet meeting amid political turmoil

Sri Lanka President Gotabaya Rajapaksa officially informed Prime Minister Ranil Wickremesinghe that he is resigning from his post, as the pressure from the protestors intensified

India refutes speculative media reports on sending troops to Sri Lanka

'The High Commission would like to categorically deny speculative reports in sections of media and social media about India sending her troops to Sri Lanka'

People power brought down the Rajapaksas in Sri Lanka. But what's next?

If there's one thing these protesters have shown, it is that the Rajapaksas can be defeated

President Gotabaya, PM Wickremesinghe: 2 men at heart of Sri Lankan crisis

As Sri Lanka's crisis peaked this weekend, two men in the center of the turmoil brought about by the country's economic collapse promised they would heed the call of tens of thousands

Indian High Commission dismisses reports of sending troops to Sri Lanka

The Indian High Commission in Sri Lanka on Sunday categorically dismissed speculative media reports about New Delhi sending its troops to Colombo

'Missing' Gotabaya orders supply of LPG; protesters refuse to budge

Agitators find LKR 17.8 mn in cash at Prez House

Unprecedented developments in SL were inevitable: Strategic affairs experts

The unprecedented developments witnessed in Sri Lanka were inevitable in the face of people's raging fury against the Rajapaksa family over its handling of the crisis, strategic affairs experts said.

Missing Lankan President Rajapaksa back in action; orders gas distribution

Embattled President Gotabaya Rajapaksa, has ordered officials to ensure the smooth distribution of cooking gas after the fuel-starved country received 3,700 metric tonnes of LP gas