Sri Lankan PM, Mahinda Rajapaksa, Resigns Amid Economic Crisis

Sri Lanka’s Prime Minister Mahinda Rajapaksa has resigned amid mass protests at the government’s handling of the economic crisis, officials say.

The move came as the island was placed under curfew after violent clashes between Rajapaksa supporters and anti-government protesters in Colombo.

At least 78 people have been injured in the violence in the capital, a local hospital says

There have been protests over soaring prices and power cuts since last month.

The island nation is facing its worst economic crisis since gaining independence from Britain in 1948. The government has requested emergency financial help.

Rajapaksa, 76, sent his resignation letter to his younger brother President Gotabaya Rajapaksa, saying he hoped it would help resolve the crisis, but the move is highly unlikely to satisfy government opponents while the latter remains in power.

Since demonstrations erupted in early April, protesters have been camped outside President Rajapaksa’s office, demanding he quit.

Earlier in the day police were deployed following violence outside the prime minister and president’s offices in Colombo.

Police fired tear gas and water cannon at ruling party supporters after they breached police lines and attacked anti-government protesters using sticks and poles.

Sri Lanka’s foreign currency reserves have virtually run dry, and it can no longer afford essential items including food, medicines and fuel.

People are furious because the cost of living has become unaffordable.