• About
  • Advertise
  • Privacy Policy
  • Contact
Sunday, July 19, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in Asia

Sri Lanka Swears in Acting President After Mass Protests

Maynard Championby Maynard Champion
July 15, 2022
Reading Time: 2 mins read
Add as Preferred on Google
125921729 mediaitem125921726

Sri Lanka’s Prime Minister, Ranil Wickremesinghe, has been sworn in as the acting President as the country reels from an economic crisis and unrest.

He replaced Gotabaya Rajapaksa, who fled to Singapore after unprecedented mass protests which saw demonstrators overrun the Presidential palace. Protesters defied a curfew to celebrate his resignation during the night, as the country is experiencing economic chaos, and facing an acute shortage of food, fuel and other basic supplies.

The process for Parliament to elect a new President will begin on Saturday, July 16, 2022, with Members of Parliament likely to take a vote in a week’s time. Given the governing party with a majority, Members of Parliament are thought likely to back Mr. Wickremesinghe, who has close links with the Rajapaksa family.

Choice in the Hands of Sri Lankans

But as to whether Sri Lanka’s public would accept this is another matter because Mr. Wickremesinghe’s resignation as Prime Minister is a key demand of the protestors. Earlier this week, crowds stormed the former Prime Minister’s compound, clashing with security forces. A demonstrator, Manuri Pabasari, told the media at the time that a protest rally against Ranil Wickremesinghe is expected in the coming days.

ADVERTISEMENT

“He has no people’s mandate [and] is a well-known Rajapaksa supporter,” adding that “I mean the new President and the new Prime Minister should be not a Rajapaksa supporter.”

Acting President Ranil Wickramasinghe
Acting President, Ranil Wickramasinghe

Stable Government or Shutdown

The governor of Sri Lanka’s Central Bank, Nandalal Weerasinghe, has warned the country may shut down if no stable government is formed within the shortest possible time. There is a “lot of uncertainty” over whether enough foreign exchange can be found to pay for essential petroleum, Weerasinghe disclosed to reporters in an interview, pointing out that, progress on getting an international bailout package depended on having a stable administration.

Meanwhile, Singapore has revealed that the ousted President, Gotabaya Rajapaksa, did not ask for political asylum when he arrived there. The former President, who arrived with his wife and two bodyguards, no longer has legal immunity as a head of state and his position is now more dangerous as he tries to find a safe country to shelter in. Reports by Sri Lankan security sources suggested Rajapaksa is expected to stay in Singapore for some time before possibly moving to the United Arab Emirates.

READ ALSO: Cost of expansion at Rio Tinto’s Oyu Tolgoi Continues to Rise

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: Ranil WickremesingheSri Lanka
ShareTweetShareSendSend
Please login to join discussion
Previous Post

‘Nyama Choma’ Added To The English Dictionary

Next Post

Former Capital Bank MD Denies Approving Payment to Former Executive Officer Ato Essien

Related Posts

A view of the scene following an attack in the Iranian capital, Tehran, on June 13, 2025.
Asia

Iran Reports 50 Deaths from U.S. Strikes This Month

July 18, 2026
Israeli Prime Minister, Benjamin Netanyahu.
Asia

Israel’s Parliament Dissolves Ahead Of October Election

July 17, 2026
000 c2ez2ht
Asia

India Launches First Hydrogen-powered Train

July 17, 2026
Chinese President, XI Jinping
Asia

Xi Urges International Cooperation On AI Development

July 17, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

Armor Wars

MCU’s Armor Wars Reborn as Iron Man Sequel in Next Saga

July 19, 2026
Osagyefo Oliver Barker-Vormawor, Legal Practitioner and Activist

Barker-Vormawor Calls for Better Pay for Jurors, Judicial Staff

July 19, 2026
Madam Rose Nyamekye, a community health volunteer in Sene West District, Bone Region

GHS Honours Mama Rose for 30 Years of Community Health Service

July 19, 2026
Henry Nana Boakye

NPP National Organiser Launches Bid For National First Vice Chairman Position

July 19, 2026
Mike Fraser, the Chief Executive Officer of Goldfields

Proposed Mining Overhaul to Complicate Gold Fields’ Lease Renewal Attempt

July 19, 2026
ADVERTISEMENT
Next Post
Capital Bank Trial: The GH¢27.5million Commission Was My Finder’s Fee, No Need for Board Approval- Ato Essien

Former Capital Bank MD Denies Approving Payment to Former Executive Officer Ato Essien

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.