Sri Lanka will not extend a state of emergency imposed to control anti-government protests as the situation in the impoverished nation has "stabilised".

Two activists who helped lead mass demonstrations that toppled Sri Lanka’s president have been arrested, police said, as the parliament has extended tough emergency laws imposed to restore order.

Sri Lankan police and security forces on Friday cleared the main protest site in the capital Colombo occupied by demonstrators for months,

Anti-government protesters have returned to the streets of Sri Lanka’s capital after newly-appointed President Ranil Wickremesinghe vowed to crack down on the protests that toppled his predecessor, condemning them as “against the law.”

Sri Lankan lawmakers have elected six-time Prime Minister Ranil Wickremesinghe as president of the crisis-hit island country.

Sri Lanka’s acting president Ranil Wickremesinghe has again declared a state of emergency in the crisis-hit island nation in an attempt to quell social unrest ahead of a parliamentary vote to elect the new president.

Sri Lanka is in chaos a day after President Gotabaya Rajapaksa fled the country in the middle of protests fueled by an economic crisis.