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Sri Lanka to begin process of choosing new president Saturday

Prime Minister Ranil Wickremesinghe was sworn in as Sri Lanka’s interim president Friday until parliament elects a successor to Gotabaya Rajapaksa, who resigned after mass protests over the country’s economic collapse forced him from office. 

In the meantime, heavily-criticized PM Ranil Wickremesinghe sworn in as interim president.

Prime Minister Ranil Wickremesinghe was sworn in as Sri Lanka’s interim president Friday until parliament elects a successor to Gotabaya Rajapaksa, who resigned after mass protests over the country’s economic collapse forced him from office.

The speaker of Sri Lanka’s parliament said Rajapaksa’s resignation was official, and lawmakers will convene Saturday to choose a new leader. Their choice would serve out the remainder of Rajapaksa’s term ending in 2024, said Speaker Mahinda Yapa Abeywardana. He expects the process to be done in seven days.

That person could potentially appoint a new prime minister, who would then have to be approved by parliament. With Rajapaksa done, pressure on Wickremesinghe was rising.

Wickremesinghe in a televised statement said that in his short term, he will initiate steps to change the constitution to clip presidential powers and strengthen parliament. He also said he will restore law and order and take legal action against “insurgents.”

Three man stand around a table, with two of them folding their hands in a prayer-like position.

Referring to clashes near parliament on Wednesday night when many soldiers were reportedly injured, Wickremesinghe said true protesters will not get involved in such actions.

“There is a big difference between protesters and insurgents. We will take legal action against insurgents,” he said.

Sri Lanka has run short of money to pay for imports of basic necessities such as food, fertilizer, medicine and fuel, to the despair of its 22 million people. Its rapid economic decline has been all the more shocking because, before this crisis, the economy had been expanding, with a growing, comfortable middle class.

Celebratory treat

Protesters cooked and distributed milk rice — a food Sri Lankans enjoy to celebrate victories — after Rajapaksa’s resignation. At the main protest site in front of the president’s office in Colombo, people welcomed his resignation but insisted Wickremesinghe also should step aside.

“I am happy that Gotabaya has finally left. He should have resigned earlier, without causing much problems,” Velayuthan Pillai, 73, a retired bank employee, said as patriotic songs were blaring from loudspeakers.

But he added that “Ranil is a supporter of Gotabaya and other Rajapaksas. He was helping them. He also must go.”

Several people hold a large tray of dessert treats.

Protesters who had occupied government buildings retreated Thursday, restoring a tenuous calm in the capital, Colombo. But with the political opposition in Parliament fractured, a solution to Sri Lanka’s many woes seemed no closer.

The nation is seeking help from the International Monetary Fund and other creditors, but its finances are so poor that even obtaining a bailout has proven difficult. The country remains a powder keg, and the military warned Thursday that it had powers to respond in case of chaos — a message some found concerning.

Abeywardana promised a swift and transparent process for electing a new president.

“I request the honourable and loving citizens of this country to create a peaceful atmosphere in order to implement the proper parliamentary democratic process and enable all members of parliament to participate in the meetings and function freely and conscientiously,” he said Friday.

Sri Lanka’s president just resigned after months of protest and a deepening economic crisis. Despite Rajapaksa’s departure and the celebratory scenes of demonstrators partying at the president’s home, the people of Sri Lanka have a massive debt hole to climb out of and people have been struggling. What comes next? Plus, a look at why a maintenance shutdown of Russia’s Nord Stream 1 gas pipeline to Germany is raising alarms across Europe. Featuring: Aritha Wickramasinghe, Banking lawyer Christoph Rauwald, Bloomberg Bureau Chief, Frankfurt

The protesters accuse Rajapaksa and his powerful political family of siphoning money from government coffers for years and of hastening the country’s collapse by mismanaging the economy. The family has denied the corruption allegations, but Rajapaksa acknowledged that some of his policies contributed to Sri Lanka’s meltdown.

Maduka Iroshan, 26, a university student and protester, said he was “thrilled” that Rajapaksa had quit, because he “ruined the dreams of the young generation.”

Outgoing president now in Singapore

Months of protests reached a frenzied peak over the weekend when demonstrators stormed the president’s home and office and Wickremesinghe’s official residence. On Wednesday, they seized his office.

Images of protesters inside the buildings — lounging on elegant sofas and beds, posing at officials’ desks and touring the opulent settings — captured the world’s attention.

The demonstrators initially vowed to stay until a new government was in place, but they shifted tactics Thursday, apparently concerned that an escalation in violence could undermine their message.

“The fear was that there could be a crack in the trust they held for the struggle,” said Nuzly, a protest leader who goes by one name. “We’ve shown what power of the people can do, but it doesn’t mean we have to occupy these places.”

Several men in COVID masks and military fatigues lean against a barricade.

Rajapaksa arrived in Singapore on Thursday after fleeing the country and his resignation became official on that date.

Since Sri Lankan presidents are protected from arrest while in power, Rajapaksa likely wanted to leave while he still had constitutional immunity and access to the plane.

The protests underscored the dramatic fall of the Rajapaksa political clan that has ruled Sri Lanka for most of the past two decades.

A military strategist whose brutal campaign helped end the country’s 26-year civil war, Gotabaya Rajapaksa and his brother, who was president at the time, were hailed by the island’s Buddhist Sinhalese majority. Despite accusations of wartime atrocities, including ordering military attacks on ethnic Tamil civilians and abducting journalists, Rajapaksa remained popular among many Sri Lankans. He has continually denied the allegations.

It was not immediately clear if Singapore would be Rajapaksa’s final destination, but he has previously sought medical care there, including undergoing heart surgery.

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