Sri Lanka's prime minister and president will resign after protesters stormed their homes. How did it get to this?

Anti-government demonstrations have been going on for months. Here's a timeline that led to yesterday's dramatic conclusion.

Sri Lanka's president and its new prime minister have agreed to resign after protesters stormed their homes in anger over the government's handling of the nation's severe economic crisis.Let's quickly recap why Sri Lanka's economy is in crisis and have a look back at the events that lead to this conclusion.Economists say the crisis stems from years of mismanagement and corruption — with conditions deteriorating for the past few years.

In 2019, Easter suicide bombings at churches and hotels killed more than 260 people, hurting the tourism sector.Those tax cuts were recently reversed, but only after creditors downgraded Sri Lanka's ratings, blocking it from borrowing more money.The government banned imports of chemical fertilisers in April 2021, which caught farmers by surprise and decimated staple rice crops, driving prices higher.The economic crisis meant long queues for fuel and gas.

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