Economic crisis in Sri Lanka Parliament to reconvene on July 15 Presidential election on July 20 according to reports

Image source: PTI Protesters gather at the premises of the Sri Lankan President’s official residence in Colombo, Sri Lanka.

Strong points

  • Debt-ridden Sri Lanka to reconvene Parliament on July 15
  • Lanka, facing the worst economic crisis in its history, is expected to elect a new president on July 20
  • Recently, the people of Sri Lanka took over the presidential palace as the president was to flee

Crisis in Sri Lanka: The debt-ridden nation’s parliament is set to meet again on July 15 and a new president could be elected on July 20, the country’s speaker of parliament said on Monday.

President Mahinda Yapa Abeywardena made the announcement after President Gotabaya Rajapaksa officially informed him that he would step down on July 13, as he promised earlier.

The President had summoned over 35 political party leaders from government and opposition to decide on the next steps to appoint a multi-party government. Prime Minister Ranil Wickremesinghe was also present at the meeting.

“It has been decided to convene Parliament on July 15 and an announcement is to be made regarding the vacancy of the post of Speaker which is to be filled. On July 19, nominations will be called for a new Speaker through an election in Parliament on July 20.

According to the Constitution, when the office of President is vacant, Parliament must be convened within three days and an announcement must be made calling for the appointment of a new President. Then, within two days, an election should be held,” said Ranjith Maddumabandara, general secretary of the main opposition Samagi Janawbalwegaya (People’s United Front) party.

Cabinet ministers, who met Wickremesinghe on Saturday morning, announced that they had decided to hand over their responsibilities to a multi-party government that would need to be appointed.

Meanwhile, Central Bank Governor Dr Nandalal Weerasinghe has warned that the current political instability will aggravate the current economic crisis as it will delay aid talks, according to reports.

As the country faces the worst economic crisis in its history, Sri Lankans have been calling on President Rajapaksa to step down from his post since March 31, the day they surrounded his private residence. Later, anti-Rajapaksa protesters reached Colombo on April 2 and occupied the entrance to the president’s office and continued to protest until they took over the official residence of the president and prime minister on Saturday. , amid violence with police and military firing tear gas and live ammunition on Saturday.

More than 100 protesters and police were injured, including one in critical condition.

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