University students protest outside the residence of Sri Lanka’s prime minister Mahinda Rajapaksa during a demonstration over the country’s crippling economic crisis in Colombo on April 24, 2022.
But trading was halted after a frenzied market sell-off, and called off for the day entirely when a brief resumption failed to dampen the downward slide, with the local S&P index finishing 12.6 percent down. Dhammananda said he and fellow Buddhist leaders had jointly petitioned President Gotabaya Rajapaksa to establish an interim government “to pull the country out of this crisis”.
Monday’s rebuke from the Buddhist clergy is the latest public departure by formerly steadfast allies of the Rajapaksa clan. Public anger over mismanagement of the crisis is at a fever pitch, with weeks of protests demanding the government’s resignation around the island.
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