Parliament to elect new President on July 20

Sri Lanka Parliament Speaker in a statement on Monday said that the House will reconvene from July 15 while a new president for the crisis-hit country will be elected on July 20.

Sri Lanka’s complete Cabinet of ministers on Monday agreed to resign once an settlement is reached on the formation of an all-party meantime government, Prime Minister Ranil Wickremesinghe’s workplace said after the president and premier presented to resign.

Meanwhile, the Governor of the Central Bank of the us of a said that negotiations are on the India over a $1 billion swap. When requested if he would resign, the Governor delivered that he has a duty considering he took on the six-year time period and he would be completing that.

Early on Monday, Sri Lanka’s President Gotabaya Rajapaksa knowledgeable Prime Minister Ranil Wickremesinghe that he will resign, as in the past announced, the Prime Minister’s Office stated Monday. Rajapaksa had decided to step down on Wednesday, following violent protests in Colombo, which noticed protesters storming his reputable residence. Wickremesinghe, too, introduced that he would resign as quickly as a new government is formed.