What You Need To Know About Sri Lanka’s Unrest

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Following a dramatic upsurge in protests against the government’s handling of a worsening economic crisis, protesters stormed the presidential home and office on Saturday. The speaker of the country’s parliament then announced that the president of Sri Lanka had agreed to step down later this month.

Thousands of protesters converged on the presidential palace in Colombo, the nation’s capital, calling on President Gotabaya Rajapaksa to step down because his family is widely regarded as the cause of the nation’s dismal economic circumstances.

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Ranil Wickremesinghe, the prime minister, announced on Saturday that he too would step down “to make way for an All-Party Government.” Before the protests, which saw dozens of people hurt in skirmishes with police, the president escaped to safety on Friday.

The protests on Saturday were the most recent in a months-long protest movement that was brought on by a severe economic crisis in the country of South Asia.

There is a severe shortage of fuel, a rise in food prices and famine, and a default on the repayment of the nation’s foreign debt. The political dynasty that ruled Sri Lanka for nearly two decades has fallen because of the unrest.