Lankan economic woes to last another year; nuclear energy, logistics could revive condition: Prez Ranil
Wickremesinghe, who has previously described Sri Lanka's economy as bankrupt, said that economic reforms would require higher taxation.
According to Rajan, low foreign debt and high foreign exchange reserves make Indian economy resilient.
Speaker's media secretary Indunil Abeywardena said a resignation letter from President Rajapaksa has been received through the Sri Lanka High Commission in Singapore.
Hospitals lack drugs for rabies, epilepsy and sexually transmitted diseases while labs don't have enough of the reagents needed to run full blood count tests.
The public flocked to the Presidential Secretariat, President's House and Temple Trees, the official residence of the prime minister after they were taken over by protestors on Saturday.
Short of cash to pay for imports of such necessities and already defaulting on its debt, it is seeking help from neighbouring India and China and from the International Monetary Fund.
President Gotabaya Rajapaksa agreed to resign amid mounting pressure from protesters who stormed both their residences and set fire to one of them.
President Gotabaya flees, PM Ranil offers to step down to pave way for an all-party government.
Amid the ongoing economic crisis and shortage of fuel and gas, Sri Lanka's Church of Ceylon has called on Gotabaya Rajapaksa and Ranil Wickremesinghe to immediately resign.
Sri Lankan economic crisis: Over six million face food insecurity due to record inflation, reports UN body
The economic crisis will push families into hunger and poverty - some for the first time - adding to the half a million people who the World Bank estimates have fallen below the poverty line.
The available fuel stocks, sufficient for only several days, will be provided for essential services, including health and port workers, public transport, and food distribution, officials said.
Fuel shortages have led to serpentine queues at retailers and with the end of the credit line worth USD 700 million granted by India, the pumps have run dry.
Despite the immediate approval to import and supply jet fuel, it's likely to take another 10-12 days for the bunker licence holders to bring in the first jet fuel shipment to the country.
The Indian team are here to engage with Sri Lankan Prime Minister Ranil Wickremesinghe while also having talks with President Gotabaya Rajapaksa and other senior officials.
Perera a long-time loyalist of the Rajapaksa clan, whom protesters accused of mismanaging the country into its current predicament has replaced Basil Rajapaksa, who resigned in April.
The protesters were demanding the resignation of President Gotabaya Rajapaksa for the mismanagement of the economy.
Mahinda Amaraweera visited the Tissamaharama Divisional Secretariat on Saturday to attend an agriculture-related programme.
The foreign lender has a policy of not bailing out countries unless all its other creditors have first agreed to write down their loans, however, Sri Lanka's foreign debt stands at USD 51 billion.
Sri Lankan PM Wickremesinghe to present plan for economic recovery as country awaits Indian nod for new credit line
The prime minister met with Members of Parliament to brief them on the current economic situation.
"Due to scarce public transport as well as the inability to arrange private vehicles, it is decided to drastically curtail the number of employees reporting to work," the ministry's order said.