Sri Lankan President Gotabaya Rajapaksa dropped his brother as finance minister and sought a new central bank governor on Monday, as crowds angry over the country's deepening economic crisis surrounded the homes of several lawmakers.
The debt-laden country, run by Rajapaksa and members of his family since 2019, is struggling to pay for imports of fuel and other goods due to a scarcity of foreign exchange, leading to hours-long power cuts and a shortage of essentials.
The debt-laden country, run by Rajapaksa and members of his family since 2019, is struggling to pay for imports of fuel and other goods due to a scarcity of foreign exchange, leading to hours-long power cuts and a shortage of essentials.
Police used tear gas to disperse hundreds of protesters who gathered outside Prime Minister Mahinda Rajapaksa's private residence in Tangalle, in southern Sri
Disclaimer: No Business Standard Journalist was involved in creation of this content