Sri Lanka, facing severe economic crisis, closed its embassies in many countries including Australia and Iraq

The situation in Sri Lanka, which is facing economic crisis, has become very serious. Emergency has been declared in many cities including the capital Colombo. Meanwhile, Sri Lanka has temporarily closed embassies in many of its countries. News agency ANI reported that Sri Lanka has closed its embassies in the Norwegian capital Oslo and Iraq's capital Baghdad. Along with this, the Sri Lankan government has also temporarily closed its consulate in the Australian capital Sydney.

President Gotabaya Rajapaksa's ruling coalition lost its majority in parliament on Tuesday after at least 41 lawmakers pulled out of the coalition amid growing unrest over the economic crisis. Sri Lanka's opposition yesterday rejected President Rajapaksa's invitation to join the government and instead demanded his resignation over the country's growing shortage of food, fuel and medicines. Sri Lanka's parliament was convened on Tuesday for the first time since the imposition of emergency.

Meanwhile, the International Monetary Fund (IMF) said on Tuesday that it is monitoring the political and economic situation in Sri Lanka very closely. Public turmoil has escalated in Sri Lanka amid the worst economic crisis in decades.