Iran warns neighbours against joining US economic campaign against Tehran, Centre notifies removal of 12-minute advertisement duration cap for TV channels, FDA suspends licences of five food outlets on Mumbai Cricket Association premises,

Sri Lankan army chief seeks public support to maintain peace

Ultimately, Sri Lankan President Gotabaya Rajapaksa has announced he will step down after protesters stormed his official residence and set the prime minister's house on fire Saturday night. Neither the Prime Minister nor the President were present in the buildings. Lakhs of people descended on the capital Colombo, calling for Rajapaksa to resign after months of protests over economic mismanagement. Rajapaksa will step down on 13 July. Later, an election among MPs will be held to elect a new President, reports said.

PM Wickremesinghe has also agreed to resign.Parliamentary speaker Mahinda Abeywardana said the President decided to step down to ensure a peaceful handover of power. He had requested the public to respect the law and maintain peace. The protesters, who was demonstrating at the president's house, said it was time to get rid of the president and the prime minister and to have a new era for Sri Lanka. Ranil Wickremesinghe's home was set on fire on Saturday  evening after protesters broke in. Crowds had earlier overrun the official residence of Rajapaksa too.

Sri Lankan Army chief General Shavendra Silva on Sunday sought people's support to maintain peace in the island nation as it grapples with an unprecedented economic crisis. The International Monetary Fund or IMF said it was closely monitoring the ongoing developments in the cash-starved country and hoped that the political crisis will be resolved soon to allow for the resumption of dialogue on an IMF-supported programme. Sri Lanka is suffering rampant inflation and is struggling to import food, fuel and medicine as it faces its worst economic crisis in 70 years. The country has also run out of foreign currency and has had to impose a ban on sales of petrol and diesel for private vehicles.

 
 

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