(Reuters) – A deep monetary disaster has left Sri Lanka struggling to pay for imports of meals, medication and gasoline and introduced 1000’s of protesters on to the streets. On Saturday, President Gotabaya Rajapaksa informed the speaker of parliament he would step down subsequent week.
Here are a few of the key developments within the disaster:
March 31, 2022: Demonstrators march to Rajapaksa’s non-public residence to protest over worsening financial circumstances.
April 3: Rajapaksa dissolves the cupboard, which incorporates his youthful brother Basil Rajapaksa as finance minister, however elder brother Mahinda Rajapaksa continues as prime minister.
April 9: Protests escalate, with sit-in demonstrations exterior Rajapaksa’s workplace aimed toward eradicating the president to pave the best way for political reforms.
May 9: Following widespread clashes between pro- and anti-government protesters, Prime Minister Mahinda Rajapaksa resigns. Countrywide violence leaves 9 useless and about 300 injured.
July 9: President Gotabaya Rajapaksa informs the parliamentary speaker that he plans to step down on July 13, after protesters storm into the official presidential residence. Prime Minister Ranil Wickremesinghe says he’s prepared to resign too.
(Reporting by Uditha Jayasinghe; Editing by Rupam Jain and Alex Richardson)