According to reports, thousands of protesters are storming the presidential residence.

The head of state was moved due to fears for his safety after the angry crowds forced him to flee his residence.

Demonstrators protest inside the President's House, after President Gotabaya Rajapaksa fled, amid the country's economic crisis, in Colombo, Sri Lanka, in this screengrab obtained from social media video on July 9, 2022.
Demonstrators protest inside the President's House, after President Gotabaya Rajapaksa fled, amid the country's economic crisis, in Colombo, Sri Lanka, in this screengrab obtained from social media video on July 9, 2022.
News Cutter via REUTERS

Videos show protesters breaking into the president's residence.

—Newsfirst.lk Sri Lanka (@NewsfirstSL) July 9, 2022

According to the local news site, military personnel have joined the protesters.

—Newsfirst.lk Sri Lanka (@NewsfirstSL) July 9, 2022

Protests are being held to force the President to step down.

The Prime Minister declared the country to be bankrupt on Tuesday.

Political mismanagement is blamed for the crash by experts.

The state is running out of fuel and flights out of the country are going to be stopped.

Sri Lankans have had to wait for days in order to get fuel, while basic food prices have doubled.

The South Asian country has an inflation rate of more than 50 percent.

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