Hindustan Times (Delhi) - - CORPORATE BUZZ -

COLOMBO: Af­ter dis­solv­ing Par­lia­ment on Fri­day, Sri Lanka’s pres­i­dent called for snap elec­tions on Jan­uary 5 in a bid to stave off a deep­en­ing po­lit­i­cal cri­sis over his dis­missal of Ranil Wick­re­mas­inghe as prime min­is­ter.

A for­mal no­ti­fi­ca­tion on Satur­day signed by Pres­i­dent Maithri­pala Sirisena said the names of can­di­dates will be called be­fore November 26 and the new Par­lia­ment is to con­vene on Jan­uary 17.

The is­land na­tion has been in a cri­sis since Oc­to­ber 26, when Sirisena fired Wick­remesinghe as PM and re­placed him with Mahinda Ra­japaksa.

In a late de­vel­op­ment on Satur­day, Wick­remesinghe de­cided to chal­lenge his ouster in Supreme Court on Mon­day.

For­eign Min­is­ter Sarath Amunugama said the rea­son for the pres­i­dent to dis­solve Par­lia­ment was the need to go to the peo­ple to find a res­o­lu­tion to the cri­sis.

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