Sri Lankan president Gotabaya Rajapaksa resigned on Thursday via email a day after he fled the country in the midst of chaos and protests. Last weekend, thousands of protestors stormed his home demanding his resignation. At least 55 have been injured from the clash, although the military denies firing at the crowds. The Prime Minister Ranil Wickremesinghe - now the acting president - has also offered to resign after protestors started occupying his home as well. Sri Lanka is scheduled to vote on a new president next Wednesday. Mass protests have occurred since March due to the country’s devastating economic crisis which left people without food, electricity or medicine. The government has defaulted on its mismanaged foreign debt worth $51 billion, asking the IMF for a bailout. Watch our explainer on how Sri Lanka’s economic crisis began here.
Sri Lankan president Gotabaya Rajapaksa resigned on Thursday via email a day after he fled the country in the midst of chaos and protests. Last weekend, thousands of protestors stormed his home demanding his resignation. At least 55 have been injured from the clash, although the military denies firing at the crowds. The Prime Minister Ranil Wickremesinghe - now the acting president - has also offered to resign after protestors started occupying his home as well. Sri Lanka is scheduled to vote on a new president next Wednesday. Mass protests have occurred since March due to the country’s devastating economic crisis which left people without food, electricity or medicine. The government has defaulted on its mismanaged foreign debt worth $51 billion, asking the IMF for a bailout. Watch our explainer on how Sri Lanka’s economic crisis began here.