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Sri Lanka crisis: Opposition to move no-confidence motion against government

By Lokmat English Desk | Updated: April 8, 2022 13:40 IST

Opposition leader Sajith Premadasa, chief of the Samagi Jana Balawegaya party on Friday said that his party would move ...

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Opposition leader Sajith Premadasa, chief of the Samagi Jana Balawegaya party on Friday said that his party would move a no-confidence motion in Parliament against the government if it does not take measures steps to look into the country's financial crisis. 

For unreserved Sri Lanka is presently facing a foreign exchange shortage which has led to a fuel, power, and gas shortage, and has sought the assistance of friendly countries for economic assistance. Sri Lanka is witnessing at least 10-hour daily power cuts. Sri Lanka's currency has been also devalued by almost SLR 90 against the US dollar since March 8. Sri Lanka's economy has been in a free fall since the COVID-19 pandemic due to the crash of the tourism sector. 

Tags: Sri Lanka crisis
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