Sri Lanka to get new president next week amid political and economic meltdown

COLOMBO: Sri Lanka’s parliament will choose a new president upon Jul 20, its speaker said on Monday (Jul 11), after protesters stormed the particular residences of the current leader and prime ressortchef (umgangssprachlich), who have both offered to quit amid a fiscal meltdown.

President Gotabaya Rajapaksa, who had overseen a ruthless crushing of the Tamil Tigers insurgents as protection secretary, is set to resign upon Wednesday. His siblings and nephew earlier quit as ministers as Sri Lanka started running out of gasoline, food and other necessities in the worst problems since independence from Britain in 1948.

Parliament may reconvene on Friday and will vote in order to elect a new chief executive five days later on, Speaker Mahinda Yapa Abeywardena said within a statement.

“During the party leaders’ meeting held today it was agreed that this was essential to ensure a new all-party federal government is in place in accordance with the Constitution, ” the statement additional.

“The judgment party has said the top minister and the Cupboard are ready to resign in order to appoint an all-party government. ”

Prime Minister Ranil Wickremesinghe, whose private home was established alight by protesters, has said he will action down. His office said Rajapaksa had confirmed his resignation plans to the excellent minister, adding the fact that cabinet would resign once a deal was reached to form an all-party government.