Gotabaya Rajapaksa
Use attributes for filter ! | |
Age | 75 |
---|---|
Date of birth | June 20,1949 |
Zodiac sign | Gemini |
Born | Matara |
Sri Lanka | |
Nationality | Sri Lankan |
Spouse | Ioma Rajapaksa |
Children | Manoj Rajapaksa |
Siblings | Mahinda Rajapaksa |
Basil Rajapaksa | |
Job | Civil servant |
Politician | |
Army officer | |
Presidential term | November 18, 2019 – July 14, 2022 |
Parents | D. A. Rajapaksa |
Dandina Rajapaksa | |
Party | Sri Lanka Podujana Peramuna |
Previous position | President of Sri Lanka (2019–2022) |
Education | University of Madras |
Date of Reg. | |
Date of Upd. | |
ID | 2305652 |
Gotabaya Rajapaksa Life story
Nandasena Gotabaya Rajapaksa RWP RSP is a former Sri Lankan politician and military officer, who served as the eighth President of Sri Lanka from 18 November 2019 until his resignation on 13 July 2022 due to months of public anger.
Sri Lanka: The fate of a protest that toppled a president
... Mr Kaluthantri s video joined all of the other imagery as poetic proof of how millions of Sri Lankans were fed up of what they regarded as inept and corrupt governance under President Gotabaya Rajapaksa...
Sri Lanka: $2. 9bn IMF bailout for struggling economy
... This is in stark contrast from the big tax cuts former Sri Lanka president Gotabaya Rajapaksa introduced in 2019, which lost the government income of more than $1...
Sri Lanka's anti-government protests have gone silent - for now
... Lengthy fuel queues and power outages sparked months of mass unrest, culminating in the storming and occupation of then-President Gotabaya Rajapaksa s official workplace and residence in July, forcing him to flee the country...
Fuel protests gripping more than 90 countries
... From economic to political collapseOf all 92 countries and territories experiencing civil unrest over fuel prices, it was Sri Lanka that made international headlines earlier this year after mass protests brought the government to its knees and led to the ousting of the former president Gotabaya Rajapaksa...
Sri Lanka: Gotabaya Rajapaksa expected to return to country, official says
...Sri Lanka s former president Gotabaya Rajapaksa is expected to return to the country from Singapore, a Sri Lankan lawmaker says...
Sri Lanka: Forces raid anti-government protest camp
... Sri Lanka s ex-president Gotabaya Rajapaksa fled the country last week...
Sri Lanka: 'If we want change we need new faces'
... Protest leaders had vowed not to accept Mr Wickremesinghe as president, dismissing him as too close an ally of the ousted former President Gotabaya Rajapaksa, blamed for the dire economic crisis currently engulfing Sri Lanka...
Sri Lanka crisis: Is India gaining over China in island nation?
...During the ongoing anti-government protests in Sri Lanka, protesters shouted slogans targeting former president Gotabaya Rajapaksa and his family...
Sri Lanka: $2. 9bn IMF bailout for struggling economy
By Archana Shukla & Annabelle Liang in Colombo and Singapore
Sri Lanka has secured a $2. 9bn (£2. 3bn) bailout from The International Monetary Fund (IMF) as it faces its worst economic crisis since independence.
The Deal has been nearly a year in the making and a lifeline for the country that has billions of dollars in loans.
Foreign Minister Ali Sabry told The Bbc the government will raise funds by restructuring state-owned enterprises and privatising The National airline.
However, analysts warned Sri Lanka still faces a tough road ahead.
The country's economy has been hit hard by the pandemic, rising energy prices, and populist tax cuts.
A shortage of medicines, fuel and other essentials also helped to push the cost of living to record highs, triggering nationwide protests with inflation running at More Than 50%.
As a result with international lenders last May for the First Time in its history.
" We have lived beyond our means. Whether we like it or not, these difficult measures which may be very unpopular need to be taken, " Mr Sabry said in an interview before the funding was announced.
" Luckily, most [people] other than politically-motivated unions have understood that. I know they are not happy, but they also understand we have no choice, " Mr Sabry added.
Earlier this year the country introduced income taxes for professionals, ranging from 12. 5% to More Than 36%.
It also raised other taxes to pay for critical purchases, including fuel and food.
This is in stark contrast from the big tax cuts former Sri Lanka president Gotabaya Rajapaksa introduced in 2019, which lost the government income of More Than $1. 4bn (£1. 14bn) a year.
Andrew Wood , analyst at the S& P Global Ratings agency, said: " Sri Lanka still faces a long road toward consolidation of its government balance sheet, consistent Economic Growth , and external stability.
" We expect the economy to contract again in 2023, albeit at a more modest pace, before returning to growth in 2024. "
Earlier this month, the IMF said Sri Lanka had secured financing assurances from all its major creditors, including China and India, which paved The Way for the bailout.
Mr Sabry said it was " a little premature" to discuss if China - Sri Lanka 's biggest bilateral lender - would consider writing-off some of the country's debts.
" We have The Will to pay, but we don't have the capacity to pay. What We Are now trying to do is get that capacity back, " He Said .
" That's going to be a very difficult and serious discussion. "
The Sri Lankan government had initially hoped to agree a new payment plan with China and India by The End of 2022.
Beijing's lending to Sri Lanka stands at around $7bn (£5. 71bn) while India is owed around $1bn (£820m).
You may also be interested in: Related TopicsSource of news: bbc.com