Sri Lankan Prime Minister To Resign After Protests Over Collapsed Economy

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Sri Lanka’s prime minister has agreed to step down after mass protests over the dire state of Sri Lanka’s economy, according to multiple reports.

Sri Lankan Prime Minister Rani Wickremesinghe earlier admitted that the economy had gone “bankrupt,” according to CNN. Fuel and food shortages and extreme inflation prompted thousands of protesters to the Presidential Secretariat and President Gotabaya Rajapaska’s residence earlier on Saturday in retribution for policies that allegedly contributed to the island country’s economic collapse, the Associated Press reported.


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