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Updated:Apr 23, 2026
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2022 economic crisis, mass protests and political change (2022-2023)

2022 economic crisis, mass protests and political change (2022-2023)

  1. Mirihana protest sparks national “Aragalaya” movement

    Labels: Mirihana protest, Gotabaya Rajapaksa
  2. State of emergency declared amid spreading protests

    Labels: State of, Sri Lanka
  3. Central bank announces record 700-basis-point rate hike

    Labels: Central Bank, monetary policy
  4. Sri Lanka announces suspension of foreign debt payments

    Labels: sovereign default, foreign debt
  5. Prime Minister Mahinda Rajapaksa resigns after violence

    Labels: Mahinda Rajapaksa, prime minister
  6. Ranil Wickremesinghe appointed prime minister

    Labels: Ranil Wickremesinghe, prime minister
  7. Protesters occupy key sites; president pledges to resign

    Labels: Occupation of, protester encampment
  8. Gotabaya Rajapaksa resigns after fleeing the country

    Labels: Gotabaya Rajapaksa, presidential resignation
  9. Parliament elects Ranil Wickremesinghe as president

    Labels: Ranil Wickremesinghe, parliament
  10. IMF reaches staff-level agreement for EFF program

    Labels: IMF EFF, International Monetary
  11. IMF Executive Board approves Sri Lanka’s EFF arrangement

    Labels: IMF Executive, EFF approval
  12. Parliament approves Domestic Debt Optimization plan

    Labels: Domestic Debt, parliament
  13. Fuel QR rationing system ends as supplies stabilize

    Labels: fuel rationing, QR system
  14. Sri Lanka reaches China Exim debt restructuring agreement

    Labels: China Exim, debt restructuring
  15. Debt restructuring deal reached with official creditor committee

    Labels: official creditor, debt agreement
  16. Sri Lanka launches sovereign bond swap to exit default

    Labels: sovereign bond, international bonds
  17. Sovereign bond restructuring completed, closing crisis chapter

    Labels: bond restructuring, debt workout