Gotabaya Rajapaksa News

presidential election this year ahead of the parliamentary election. Sources confirmed that he told the Cabinet meeting earlier in the day that financial allocations have only been reserved so far for the conduct of the presidential poll. Despite speculation that a General Election will precede a Presidential election, Wickremesinghe informed the Cabinet that the Presidential election will be held first this year.

Catch LIVE updates with MintSri Lanka elections result 2024 LIVE Updates: In July 2022, Ranil Wickremesinghe was elected by Parliament to complete Rajapaksa's term and is now seeking another term to build on recent gains.However, many accuse him of shielding the Rajapaksa family, whom they hold responsible for the crisis, and he was primarily elected with support from Rajapaksa loyalists in Parliament and his Cabinet.Sri Lanka elections result 2024 LIVE Updates: The economic collapse in Sri Lanka caused severe shortages of essentials like medicine, food, cooking gas, and fuel, leading to long lines and widespread riots. Protesters stormed key buildings, including the president's house and office, ultimately forcing then-President Gotabaya Rajapaksa to flee and resign.Sri Lanka elections result 2024 LIVE Updates: According to a report by DW, the cost of living in Sri Lanka remains very high, unemployment remains very high, so people are still reeling from the economic crisis.Therefore, a nation that has voted on the lines of religion, of race, and ethnicity, in all these years, only has 'ECONOMIC CRISIS" as their sole concern for electing the 10th President.Notably, none of the 38 candidates in this election are women, despite Sri Lanka's historical significance in having the world’s first female prime minister, Sirimavo Bandaranaike, who took office in 1960.Namal Rajapaksa, at 38, is the youngest candidate in the race and the eldest son of former President Mahinda Rajapaksa.

Sri Lankans who usually vote along religious and ethnic lines will be keeping another factor in mind when they vote Saturday on a new president

Sri Lanka prepares to elect a new leader, Namal Rajapaksa is running for president. The 38-year-old is the son of former President Mahinda Rajapaksa and the nephew of the ousted President Gotabaya Rajapaksa. Namal Rajapaksa is presenting himself as an agent of change, but many see his bid for presidency as an attempt by the controversial political dynasty to regain power. By mid-2022, the clan's political career seemed in ruins. Some of its members were forced into hiding in military camps after angry protesters stormed their residences. Others simply gave up their seats in the government as people blamed them for hurtling the country of more than 20 million people into an economic crisis.

Sri Lanka will hold its presidential election Sept. 21 in a crucial vote that will decide the future course of the South Asian nation still struggling to recover from its economic collapse in 2022, which provoked mass protests and forced the former pre...

Sri Lanka will hold a presidential election on Sept. 21 that will likely be a test of confidence in President Ranil Wickremesinghe’s efforts to resolve the country’s worst economic crisis

Sri Lanka's powerful Rajapaksa clan, which suffered political battering due to the country's worst economic crisis in 2022, will launch its political comeback bid on Sunday by targeting the impending elections. Former president Gotabaya Rajapaksa, ex-prime minister Mahinda Rajapaksa and former finance minister Basil Rajapaksa were ousted from power during anti-government protests following the crippling financial and political crisis in 2022. The ruling Sri Lanka People's Front of the Rajapaksas, commonly known by its Sinhalese name Sri Lanka Podujana Peramuna (SLPP), will hold a public rally later in the day in the north central rural town of Thalawa, party member and former minister SM Chandrasena told reporters.

The International Monetary Fund says the economic situation in debt-stricken Sri Lanka is improving gradually from the country's worst economic crisis two years ago

Sri Lanka's navy said Monday it was joining a US-led maritime taskforce to protect international shipping against attacks by Yemen's Huthi rebels. «We will be joining 'Operation Prosperity Guardian' led by the US Navy,» naval spokesman Gayan Wickramasuriya said, with the deployment of a patrol vessel crewed by more than 100 people. Huthi fighters have launched more than 100 drone and missile attacks on targets in Israel and the Red Sea, disrupting traffic in the key shipping route that carries up to 12 percent of global trade. The Iran-backed Huthis say they are targeting Israel and Israeli-linked vessels to push for a stop to the offensive in the Gaza Strip, where Israel has been battling Hamas militants since October 7. Sri Lankan President Ranil Wickremesinghe has said that Huthi attacks had raised freight costs and were impacting exports of garments and tea. The South Asian island nation is emerging from its worst economic crisis in 2022, when months of street protests led to the ouster of then-president Gotabaya Rajapaksa. The country defaulted on its $46 billion external debt and is now being supported by a $2.9 billion four-year bailout loan from the International Monetary Fund. Wickramasuriya said the move would add no additional cost as the vessel was already patrolling Sri Lanka's vast maritime boundary. The US-led maritime force announced late last month includes Britain, Canada, France, Italy, the Netherlands, Norway and other nations. Last month neighbouring India deployed several warships in the Arabian Sea and Gulf of Aden after a string of shipping attacks, including a drone strike near India's coast that the United States blamed on Iran.

Sri Lanka says it has reached an agreement in principle with a group of creditors including India and Japan on debt restructuring

Mint had reported in January this year that the public sector Power Grid Corporation of India had prepared a preliminary report for the project. Mint reported that the interconnection would take place through overhead power lines and not subsea cables. Talks on establishing power grid connectivity have been on for over a decade now.

H.E. President Ranil Wickremesinghe to explore multiple range of projects in Sri Lanka. In a Twitter post, Adani revealed that the discussions covered the ongoing development of Colombo Port West Container Terminal, a 500 MW wind project, and the expansion of their renewable energy expertise to produce green hydrogen.

Sri Lanka on Sunday marked the first anniversary of the historical people's uprising against the previous government's mismanagement of the country's economy which has seemingly ended the Rajapaksa family's hold over power. The radical Inter University Students Federation has called for protest action at universities today marking the anniversary. The uprising forced the then President Gotabaya Rajapaksa to flee to the Maldives as tens of thousands surrounded his official residence demanding his resignation as president for steering the country to its worst economic crisis.

The president of Sri Lanka, Gotabaya Rajapaksa, fled the country early Wednesday morning, hours before he was due to step down amid a devastating economic crisis that has triggered severe shortages of food and fuel.

Amid economic and political turmoil, the Central Bank of Sri Lanka, or CBSL, has warned the public against crypto purchases due to the lack of regulatory oversight.

Opposition leaders in Sri Lanka are meeting on Sunday in a bid to form a new government after the nation's President Gotabaya Rajapaksa and Prime Minister Ranil Wickremesinghe agreed to step down.

Thousands of protesters in Sri Lanka's commercial capital Colombo stormed the president's official residence and his secretariat on Saturday, amid months of mounting public anger over the country's worst economic crisis in seven decades.