Sri Lanka’s president Gotabaya Rajapaksa said he will step down next week, according to the country’s parliamentary speaker, as escalating protests over the country’s economic crisis pushed the government towards collapse.
Prime Minister Ranil Wickremesinghe also said he would resign in response to pressure from party leaders after a day of mass protest in Colombo on Saturday.
Demonstrators stormed Rajapaksa’s residence, signalling that the government had effectively lost control of the city. Protesters then set fire to Wickremesinghe’s private residence just hours after he quit, according to AP. Wickremesinghe is safe, his office said in a text message, according to Bloomberg.