Stock Groups

Sri Lanka opposition leader on no-confidence vote to oust government


CNBC reported that the leader of the Opposition in Sri Lanka, Sajith Premadasa said the Opposition is “cautiously optimistic” about getting enough votes to overthrow President Gotabaya Rajapaksa’s government.

“I am cautiously optimistic that the numbers will be achieved. “It all depends upon our ability to persuade,” Premadasa said, head of the Samagi Jana Balawegaya party, which is the main opposition in the country.

Opposition plans to introduce A no-confidence motion is a motion to remove the government. It requires a simple majority (113) of the 225-seat chamber.

Premadasa holds 54 parliament seats, while other parties say they will support the vote.

Support from 42 members of ruling party who formed an autonomous bloc, but have not joined the opposition so far, will be vital to this movement. according to opposition lawmaker Harsha de Silva.

The president is responsible for this economic disaster. We are united in our efforts to change the presidency and family politics.

Sajith Premadasa

Leader of Opposition, Sri Lankan Parliament

Premadasa wasn’t certain if President would honor the decision of a vote against him.

The time is running out for this country. It’s also run out of time for the government. Yet, it ignores the needs of its citizens. This is extremely, very dangerous. He said that it was a dangerous act.

CNBC did not reach out to the Sri Lankan High Commission Singapore for comment.

Premadasa made these comments shortly after President Rajapaksa dropped three Rajapaksa relatives, but kept his older brother Mahinda Rajapaksa in office as Prime Minister.

This South Asian country has been in turmoil for months due to widespread protests. The economy is struggling with increasing debt and decreasing foreign currency reserves. Mass protests have been calling for the resignation of President Barack Obama due to prolonged power outages and shortages of fuel, food and medicine.

On Monday, protestors gathered in Colombo to voice their dismay at prolonged power cut and inflation. Protestors in anger demanded the resignations of Prime Minister Mahinda Rajapaksa, President Gotabaya Rajapaksa, and their brother.

Bloomberg | Bloomberg | Getty Images

Unrest suffered its first death on Tuesday. police opened fire at a group of peopleAccording to Reuters one person died and twelve were hurt protesting the new fuel price rises.

According to the opposition leader, the “hoax” cabinet was dismissed by Monday’s president.

It’s like playing political musical chairs. He said that he thought it was a drama and a hoax.

Last week, Sri Lanka declared that it will be defaulting on its foreign debtThe country’s first independence in 1948 from colonial Britain. It owes its existence to a total foreign debt $35 billionThe bailout is expected to reach $7 billion this year. This week, officials from Sri Lanka will meet with representatives of the International Monetary Fund to discuss a possible bailout.

Premadasa attributed the economic crisis to the president.

This economic crisis is caused by man, and was created by the president. He stated that the country was united in changing the presidency and family politics. 

Premadesa warns of anarchy within the country. 

Premadasa declared, “It’s appropriate for President Rajapaksa or his brother Prime Minster Rajapaksa to take seriously the views and opinions of the people.”

“Those concerns are grave and if they’re not dealt with, could be very damaging to the government.” In reality, I think we are living in an anarchical society right now.