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Sri Lanka president revokes emergency order as economic crisis deepens

Sri Lanka president revokes emergency order as economic crisis deepens

Zee News
Wednesday, April 06, 2022 03:56:55 AM UTC

On Tuesday, in another setback for the administration, Finance Minister Ali Sabry resigned a day after his appointment.

COLOMBO: Sri Lanka`s President Gotabaya Rajapaksa revoked a state of emergency late on Tuesday after dozens of lawmakers walked out of the ruling coalition, leaving his government in a minority in parliament as it struggled to quell protests amid the country`s worst economic crisis in decades.

In another setback for the administration, Finance Minister Ali Sabry resigned a day after his appointment and ahead of crucial talks scheduled with the International Monetary Fund for a loan programme.

Rajapaksa dissolved his Cabinet on Monday and sought to form a unity government as public unrest surged over the ruling family`s handling of the debt-heavy economy that has led to shortages of food and fuel and prolonged power cuts. A doctors` body also told the government there was an acute shortage of medicines that could collapse the health system.

In a gazette issued late on Tuesday, Rajapaksa revoked the emergency rule ordinance that went into effect last Friday.

"I, Gotabaya Rajapaksa, President of the Socialist Republic of Sri Lanka, hereby revoke the gazette with effect from midnight on 05 April 2022," the gazette said, referring to the previous order.

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