Sri Lankan President Gotabaya Rajapaksa has confirmed he will resign, the prime minister’s office has said, after tens of thousands of protesters stormed the official residences of both men.
Sri Lanka is in deep financial crisis and the crowds say they won’t leave until both men quit their posts.
The parliament Speaker had earlier said the president would resign on July 13th.
Mr. Rajapaksa, whose whereabouts are unknown, has not spoken publicly since his residence was stormed on Saturday.
According to the BBC he is on a navy vessel in Sri Lankan waters. He was moved to safety before protesters entered the presidential palace.
The president has been blamed for the country’s economic mismanagement, which has caused dire shortages of food, fuel and medicine for months.
His resignation was first announced by the parliament Speaker on Saturday, but many Sri Lankans responded with scepticism to the idea that he would relinquish power.
