Sri Lankan President Gotabaya Rajapaksa fled the country for the Maldives on Wednesday, hours before he was due to step down amid widespread protests over his handling of a devastating economic crisis.Read full story
Government sources and aides said the president’s brothers, former prime minister Mahinda Rajapaksa and former finance minister Basil Rajapaksa, were still in Sri Lanka. That would make Prime Minister Ranil Wickremesinghe the acting president, although he has also offered to resign. If he does, the speaker will be the acting president until a new president is elected, as per the constitution.
Petrol has been severely rationed and long queues have formed in front of shops selling cooking gas. Headline inflation hit 54.6% last month and the central bank has warned that it could rise to 70% in coming months.
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