President Gotabaya under pressure to resign
Apart from the political parties involved in the government, the opposition has unanimously demanded the resignation of President Gotabaya Rajapaksa. However, nothing is yet known about Gotabaya’s location. In such a situation, only speculation is being made about his next political move. It is believed that in view of the latest crisis, Gotabaya Rajapaksa may resign following the footsteps of his brother Mahinda Rajapaksa.
PM Wickremesinghe calls emergency meeting of the party
Prime Minister Ranil Wickremesinghe has called an emergency meeting of his party in view of the unrest by the protesters in Colombo. Meanwhile, quoting government sources, it has been learned that PM Wickremesinghe has also been taken to an unknown place due to security reasons. In such a situation, this meeting can also be done through video conferencing. It is believed that in the event of not resigning, a no-confidence motion can also be brought against Gotabaya Rajapaksa.
Protesters have also set fire to the house of Mahinda Rajapaksa
A few months ago in Sri Lanka, protesters torched the house of the then PM Mahinda Rajapaksa. After which he was forced to leave the capital Colombo and take shelter at an unknown military base. After this incident, Mahinda also resigned from his post. After which his presence could not be traced till date.
Sri Lanka facing severe economic crisis
Sri Lanka, which is facing the worst economic crisis since independence, has reached the verge of bankruptcy. Due to this Sri Lanka has postponed the repayment of its foreign debt. It has to pay $7 billion in foreign debt this year and $25 billion by 2026. Its foreign exchange reserves have dwindled to less than a billion dollars. In such a situation, Sri Lanka does not have enough money left to repay the foreign debt this year as well.