Sri Lanka's economic crisis

 Sri Lanka's economic crisis: Violent protesters burn down the house of the ruling Raja Paksha family

Sri Lanka's economic crisis

Protesters in Sri Lanka have set fire to the house of the ruling Raja Paksha family and several members of parliament after violent clashes with government supporters.

It is to be noted that Prime Minister Mahinda Rajapaksa has resigned due to the ongoing protests over the economic crisis in Sri Lanka, but the last day was full of violence.

One reason for this is said to be that the anti-government protesters were not only satisfied with the resignation of the Prime Minister and also tried to lay siege to the official residence of Mahinda Raja Paksha. At that time Mahinda Raja Paksha was present in his house.

Violent protests in Sri Lanka since Monday have so far killed five people, including a ruling party MP, and injured 190, and authorities have extended a nationwide curfew until Wednesday.

One of the demands of the protesters is that Prime Minister Mahinda Rajapaksa's brother and Sri Lankan President Gotabhaya Raja Paksha also resign.

Protests against power outages and inflation have been going on in Sri Lanka since last month.

Sri Lanka is facing a major economic crisis, partly due to a shortage of foreign exchange reserves.

With a population of over 20 million in the Indian Ocean, the country faces massive power outages, fuel shortages, food shortages and medicines, which has led to growing public anger against the government.

Resignation

According to a spokesman for the 76-year-old Raja Paksha, he has tendered his resignation to President Gotabaya Raja Paksha.

President Gotabhaya Raja Paksha is the brother of Prime Minister Mahinda Raja Paksha.

He said he hoped the resignation would help resolve the crisis, but that in the presence of President Gotabaya Rajapaksa, the anger of his opponents was unlikely to subside. Most Sri Lankans want Gotabhaya Raja Paksha to step down.

The government has requested immediate financial assistance as Sri Lanka faces its worst economic crisis since independence from Britain in 1948.

Violent protests outside the president's residence. A state of emergency was declared last week following.

Protesters set up barricades near the private residence of President Gotabaya Raja Paksha in Colombo and set vehicles on fire. After which the army was deployed and the authority to arrest suspects without a warrant was given.

Police and troops were deployed in Colombo on Monday following violence outside the president and prime minister's offices. Police fired tear gas and water cannons after breaking hundreds of supporters of the ruling party and attacking anti -government protesters with poles.

The AFP news agency reported Monday night that protesters opened fire as they tried to break through a security cordon inside the prime minister's residence.

Police also attacked the camp against the president of the protesters on the coastal belt against the president of the protesters outside the Prime Minister's Temple Train residence.

Said an eyewitness, ''We were killed, the media, women and children were killed.''

On the other hand, police in Natambua on the outskirts of the capital said that thousands of protesters surrounded the car of a ruling party MP. They opened fire on protesters, killing one. Police told AFP that he and one of his bodyguards were later killed.

In the southern city of Veracruz, another lawmaker opened fire on protesters outside his home, killing two and wounding five.

Protesters reportedly set fire to the properties of ruling party politicians and attacked government officials.

Since the beginning of the protests in April, protesters have been peacefully camping outside President Rajapaksa's office. Sri Lankans are angry that even basic necessities are out of purchasing power.

Sri Lanka's foreign exchange reserves are almost depleted and it can no longer import essential goods such as food, medicine and fuel.

The government has made an urgent request for international aid. It blames the global epidemic of code 19 for the problem, which has hurt the tourism-dependent Sri Lankan economy.

The Sri Lankan economy was heavily dependent on foreign exchange for foreign exchange.

But economists say economic turmoil is to blame.

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