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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 2022 Sri Lankan protests, commonly known as Aragalaya ( Sinhala: අරගලය, lit. 'The Struggle'), were a series of mass protests that began in March 2022 against the government of Sri Lanka. The government was heavily criticized for mismanaging the Sri Lankan economy, which led to a subsequent economic crisis involving severe ...
The Sri Lankan economic crisis [8] is an ongoing crisis 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]
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.
The Sri Lankan rupee was ultimately devalued by 3.8% during the 7-week political crisis. USD $312.9 million, in the form of treasury bonds, and US$29.8 million in the form of treasury bills had also gone out of the country.
Politics of Sri Lanka. An indirect presidential election was held in the Parliament of Sri Lanka on 20 July 2022 following the resignation of president Gotabaya Rajapaksa on 14 July. The president of Sri Lanka was elected by the Parliament of Sri Lanka in a secret ballot to decide who would complete the remainder of Gotabaya Rajapaksa's term.
Politics of Sri Lanka. The Twenty-first Amendment (21A) to the Constitution of Sri Lanka [1] was passed by the 225-member Sri Lankan Parliament with 179 voting in favor, 1 against and 45 abstained on 21 October 2022. [2] [3] The bill was passed with a two-third majority and it was reported that only one MP Sarath Weerasekara voted against the ...
Politics of Sri Lanka. Sri Lanka is a unitary multi-party semi-presidential representative democratic republic, whereby the President of Sri Lanka is both head of state and head of government. Executive power is exercised by the President on the advice of the Prime Minister and the Cabinet of Ministers. Legislative power is vested in the ...