Sri Lankan business leaders demand end to political impasse

Sri Lankans protest demanding president Gotabaya Rajapaksa resign, in Colombo, Sri Lanka, Tuesday, April 5, 2022. A group of Sri Lankan governing party lawmakers called Tuesday for the appointment of an interim government, warning that a failure to do so would lead to violence and anarchy, as demonstrators continue to demand the resignation of Rajapaksa over the country’s worst economic crisis in decades. (AP Photo/Eranga Jayawardena)

Sri Lankan business leaders have called for an end to political instability amid public demands for the president to resign over alleged economic mismanagement, warning that failure to do so would lead to economic catastrophe.

Leaders from 23 business associations representing export, import and logistics companies told reporters in the capital Colombo that they want legislators to “act responsibly and resolutely to implement remedial solutions to halt and then reverse the rapidly deteriorating situation”.