Sri Lanka’s President Rajapaksa agrees to step down on July 13 after heavy mass protest asking him to step down

 Sri Lanka’s President Rajapaksa agrees to step down on July 13 after heavy mass protest asking him to step down Sri Lankan President Gotaba...

 Sri Lanka’s President Rajapaksa agrees to step down on July 13 after heavy mass protest asking him to step down

Sri Lankan President Gotabaya Rajapaksa has agreed to step down next week, the country’s parliamentary speaker, Mahinda Yapa Abeywardana, has said.

The announcement came hours after protesters stormed the president’s official residence to vent their anger over the country’s severe economic crisis. Protesters later broke into Prime Minister Ranil Wickremesinghe residence in the capital Colombo and set it on fire.

“To ensure a peaceful transition, the president said he will step down on July 13,” Abeywardana said in a televised statement.

Rajapaksa will remain as president until Wednesday to ensure a smooth transfer of power, Abeywardena said.

“The decision to step down on 13 July was taken to ensure a peaceful handover of power,” he said.

“I therefore request the public to respect the law and maintain peace,” he added

The news of president’s decision triggered an eruption of celebratory fireworks in parts of Colombo.

Earlier in the day, President Rajapaksa was evacuated from the President’s House in the capital, Colombo, before thousands of protesters stormed his residence, demanding his resignation, in one of the largest anti-government marches in the crisis-hit island this year.

A Facebook livestream from inside the president’s house showed hundreds of protesters packing into rooms and corridors, shouting slogans against the beleaguered 73-year-old leader.

Footage of protesters standing and some bathing in the swimming pool inside the president’s home was widely circulated on social media.

Protesters later broke into the home of Prime Minister Ranil Wickremesinghe and set it on fire.

Video footage on local news channels showed a huge fire and smoke coming from Wickremesinghe’s private home in an affluent Colombo neighbourhood. His office said that protesters had started the fire.

There were no immediate reports of injuries in the blaze. Wickremesinghe had moved to a secure location earlier in the day, a government source told Reuters.

Thyagi Ruwanpathirana, a researcher at Amnesty International, told Al Jazeera that Sri Lanka will “not come out of this crisis for some time”.

“There is a lot of wait and watch and that is affecting the people,” she said.

“We have not had fuel for days … Just imagine running out of fuel. People cant get to work. Kids can’t get to school. The whole economy is at a standstill,” she said from Colombo.