Protests continue in Sri Lanka against rising prices of essential commodities and fuel. Thousands of people demonstrated in the capital Colombo yesterday.
The central bank of Sri Lanka, which is facing financial crisis, raised the interest rate by a record 700 basis points on Friday. In Sri Lanka, severe food and fuel shortages and prolonged power outages have led to widespread anti-government protests. The protesters are demanding the resignation of President Gotabaya Rajapaksa.
Protests continue in Sri Lanka against rising prices of essential commodities and fuel. Thousands of people demonstrated in the capital Colombo yesterday. The central bank of Sri Lanka, which is facing financial crisis, raised the interest rate by a record 700 basis points on Friday. In Sri Lanka, severe food and fuel shortages and prolonged power outages have led to widespread anti-government protests. The protesters are demanding the resignation of President Gotabaya Rajapaksa.