Search results
Results From The WOW.Com Content Network
The 2022 Sri Lankan political crisis was a political crisis in Sri Lanka due to the power struggle between President Gotabaya Rajapaksa and the people of Sri Lanka. It was fueled by the anti-government protests and demonstrations by the public due to the economic crisis in the country. The anti-government sentiment across various parts of Sri ...
The sun sets on Sri Lanka's protest movement (for now). Arun Sankar/AFP via Getty Images)Sri Lankan President Gotabaya Rajapaksa formally resigned on July 15, 2022, having earlier fled the country ...
Protesters in Sri Lanka, where an economic crisis has upended people’s daily lives, were angry but not sorry to learn that President Gotabaya Rajapaksa had fled the country on Wednesday.
In 2022, as protests began growing in Sri Lanka, Jaliya Wickramasuriya, former Sri Lankan ambassador to the United States and Mexico, and a cousin of the Rajapaksa brothers, pleaded guilty in U.S. District Court for defrauding $332,027 from the Sri Lankan government during the purchase of a new embassy building in 2013.
By 2022, Sri Lanka had to repay about $6 billion in foreign debt every year, amounting to about 9.2% of gross domestic product. The agreement would enable Sri Lanka to maintain debt payments at ...
Gotabaya Rajapaksa, a Sri Lankan politician and former military officer who served as the 8th president of Sri Lanka from 2019 to 2022, initiated a self-imposed exile on 13 July 2022, following widespread protests led by civilians demanding his resignation, triggered by extensive discontent over his handling of the country's economic crisis.
The Sri Lankan economic crisis [8] is a in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]
COLOMBO (Reuters) -Sri Lanka's leftist leader Anura Kumara Dissanayake took office as president on Monday, promising change in the island nation long led by powerful political families which is ...