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Sri Lanka Latest: Parliament to Elect New President July 20

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Georgetown University's Devarajan on Sri Lanka's Economy
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Sri Lanka’s opposition parties are trying to cobble together an all-party government and pick candidates who can take over after President Gotabaya Rajapaksa and Prime Minister Ranil Wickremesinghe agreed to step down, giving in to popular pressure in a country struggling to pay for essentials.  

Rajapaksa will step down on Wednesday to allow for a smooth transfer of power, the parliament speaker announced on television late Saturday. The president left his residence before the protesters breached security and entered his official home and offices and his whereabouts are unknown.