Colombo: Sri Lanka's inflation-hit population has protested the appointment of Ranil Wickremesinghe as acting president following the resignation of the infamous Gotabaya. Political parties like SJB and SLFP want Rajapaksa and Wickremesinghe to leave the region before the decision of the acting president. President Mahinda Yapa Abhaywardhan is likely to be named as Sri Lanka's acting president after President Gotabaya Rajapaksa steps down on July 13, as perpetual living and former prime minister Ranil Wickremesinghe seeks public support for Rajapaksa's successor. There is a shortage. , Once the situation in the island nation is stabilized, an interim government will be formed with representatives from all parties. After this is done, general elections will be called to elect a new parliament.

The political downturn in the island nation is apparently the result of economic negligence and the poor governance of the Rajapaksa enterprise, which went for white elephant projects funded by high-interest loans from China's Exim Bank. Beijing's debts are not only a contributor to Sri Lanka's high foreign debt and loan defaults of over US$50 billion, but the attack on the Rashtrapati Bhavan on July 9 also appears to have been carried out by left-wing social media under the guise of one. People's Revolution.

Communist parties such as the Janata Vimukhi Peramuna (JVP) are active in reclaiming political space in Sri Lanka in view of the current weak political leadership. This is despite the fact that both the Samagi Jana Balvegaya (SJB) and the Sri Lankan Freedom Party (SLFP) have made this clear to the Speaker.

Sri Lankan parliament speaker Mahinda Yapa will take over as the country's acting president after Abhayvardhan Rajapaksa and Wickremesinghe resign, to pave the way for an all-party government amid intense protests in the island nation.

China is only providing loans and support for a Sri Lanka relief package at the IMF, in contrast to India, which has sent more than 3.5 billion USD worth of aid and necessities to the people of Sri Lanka. The national security agencies lack the technical know-how to manage the orchestrated Leftist-inspired social media storm that is fanning the flames in an already troubled nation, which has contributed to the situation's deterioration in addition to the Pearl nation's weak and ineffective leadership.

With food and fuel in short supply and the world's superpowers preoccupied with the Indo-Pacific and Ukraine, India is left to help stabilize the country while Beijing looks for an opportunity in crisis. The Sri Lankan crisis serves as an example of the debt trap created by China's Belt Road Initiative. The next countries on the list could be Bangladesh, Pakistan and Nepal.

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