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COLOMBO, Sri Lanka — Police in Sri Lanka on Sunday fired tear gas and water cannons to disperse protesters angry over a decision to postpone local elections after the government said it cannot finance them because of the country's crippling economic crisis.
The turmoil was caused by severe shortages of some foods, fuel, cooking gas and medicine, after Sri Lanka went bankrupt because it could not repay its foreign debt. The new president, Ranil Wickremesinghe, negotiated a rescue package with the International Monetary Fund for $2.9 billion over four years, but it can be finalized only if Sri Lanka’s creditors give assurances on debt restructuring.
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