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Lanka oppn threatens no-confidence motion, industry warns of 'precipice'

President Gotabaya Rajapaksa is running his administration with only a handful of ministers after his entire cabinet resigned this week

Sri Lankan Rupee, PHOTO: Reuters
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Photo: Reuters

Reuters
Sri Lanka's main opposition party on Friday asked the government to resolve an economic crisis or face a no-confidence motion, as leaders of businesses from garments to tea and other industries warned that exports could fall up to 30% this year.

The heavily indebted country has little money left to pay for imports, which has led to crippling shortages of fuel, power, food, and increasingly, medicine. Street protests have gone on nearly non-stop for more than a month, despite a five-day state of emergency and a two-day curfew.

President Gotabaya Rajapaksa is running his administration with only a handful of ministers after

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