Mahinda Rajapaksa, 76, under intense pressure from within his own party to resign, was gathering his supporters to apply counterpressure not to stand down
The declaration, made in an extraordinary gazette late Friday, gives Rajapaksa sweeping powers to suspend laws, detain people and seize property
The Sri Lankan Cabinet had been informed that owing to the failure of the Prime Minister to cope with the country's ongoing economic crisis, Mahinda Rajapaksa has sought to resign from his position
Sri Lanka's government has been facing a wave of protests around the country with an increasingly furious public demanding its resignation.
Opposition party SJB handed over to the parliamentary Speaker motions of no-confidence against President Gotabaya Rajapaksa and the government for mishandling the country's worst economic crisis
Protesters on Tuesday were in the 25th day of their occupation of the entrance to the president's office, demanding the resignations of Rajapaksa family members
The Sri Lankan government announced that it will provide cash allowances ranging between Rs 3,000 and Rs 7,500 to low income families "severely affected" by the current economic crisis in the country.
The former president added that he could not stay at home when the people were in a state of distress with thousands of problems in the country
The Sri Lankan government is taking various approaches to address current challenges faced by the country, the nation's President and the PM said in their messages on the International Labour Day.
The Buddhist clergy has decided to come out to press for the resignation of Prime Minister Mahinda Rajapaksa to make way for an interim government
Sri Lanka's president has agreed to replace his older brother as prime minister in a proposed interim government to solve a political impasse, a prominent lawmaker said Friday.
Sri Lanka is facing one of its worst economic crises resulting in widespread protests against the Rajapaksa family leaders, including President Gotabaya Rajapaksa and PM Mahinda Rajapaksa
The crisis is caused in part by a lack of foreign currency, which has meant that the country cannot afford to pay for imports of staple foods and fuel, leading to acute shortages and very high prices
A letter to all party leaders in the ruling coalition said the government was in agreement to form an all-party government comprising parties represented in Parliament
Speaking about the island-wide protests demanding the Prime Minister and the government's resignation, Rajapaksa said the issues should be resolved through negotiations
Decision follows announcement from main opposition party that it has garnered enough support for a no-trust vote against the government.
Stocks plunge nearly 10%
Sri Lanka Stock Market Colombo All-Share Index fell as much as 6.7% while blue-chip index slumped 5.2% within seconds of resumption of trading
Food and fuel shortages, soaring prices and power cuts are affecting a large number of the people resulting in massive protests in the country
Dozens were demonstrating from the parapet and boundary walls of the official residence - in images similar to that of a seize