Direct Renewal of Sri Lanka Crisis: New Prime Minister Sri Lanka Ranil Wickremesinghe said he hoped for a closer relationship with India during his term of office and thanked India for his economic assistance to the country for dealing with the worst economic crisis since independence. Wickremesinghe, 73, was appointed as Sri Lanka’s 26th Prime Minister on Thursday to stabilize the economy that was ridden by the state debt and ended political chaos.
I want a closer relationship and I want to thank the Prime Minister (Narendra) Modi, said Wickremesinghe, referring to Indian economic assistance to his country. His statement came during a religious ceremony held here last night after he took an oath. India has committed more than $ 3 billion for Sri Lanka who is full of debt in loans, credit channels and credit exchange since January this year.
Wickremesinghe was appointed as the prime minister of Sri Lanka for the sixth time on Thursday, although Veterans politicians never complete their full term.The 73 -year -old political career seems to be almost over this week, when he agreed to lead the administration of unity and help direct the South Asian island state through the paralysis of the economic crisis.
The latest updates about the story:
• News that Ranil Wickremesinghe has been named the prime minister has been welcomed with surprise and doubt in Sri Lanka, reporting BBC. Although in the opposition, its real closeness with the Rajapaksa family has become an important factor. Many believe he protects them when they lose power in 2015, the report said, adding that according to experts, Wickremesinghe could ensure their safety or safe path in the midst of turbulent situations and hot protests.
• Wickremasinghe lost two presidential contests and led his party to a series of election defeats, even encouraging his own supporters to nicknamed him as a “loser record”. He remained appointed as prime minister again in 2015 after the defeat of the election of President Mahinda Rajapaksa after the opposition rose behind him as a candidate for unity against authoritarian leaders.
The “Mr. Clean” picture was muddy at the end of the year when his government was rocked by the fraud of trafficking in internal people involving central bank bonds. The key accused in the fraud of millions of dollars was the head of the central bank at the time, Arjuna Mahendran, who was a school friend Wickremesinghe and the choice for the job. He was accused of chronism during his term of office and failed to sue the Rajapaksa regime members before, who were accused of corruption, bribery, and sucking public finances.
• Political conflict with a strong Rajapaksa family also threw the country into a crisis in 2018, with Mahinda taking over the premiership for six weeks before the Supreme Court decided that it was not constitutional. Wickremesinghe returned to the office to replace Mahinda Rajapaksa, who resigned on Monday after his supporters attacked the anti-government demonstrators, and then had to be saved from his residence by the military. He will be happy to serve President Gotabaya Rajapaksa, Mahinda’s younger brother, who has fought for an appeal for his own resignation over the government’s management’s mistakes on the economic crisis.
Wickremesinghe will take over the country that is bankrupt by default for a foreign debt of $ 51 billion and without money to import important items. Its status as a free market reformist and free market can smooth bailout negotiations with international monetary funds and foreign creditors. But he has warned that there will be no rapid improvement for the economic misery of the country that has never happened before. “The worst hasn’t come yet. We have very high inflation now and hyperinflation is on the way, “Wickremesinghe told parliament last week.” We have to start dealing with problems now, we cannot delay anymore, “he added.
• The Indian High Commission in Colombo said they hoped to work with the new Sri Lanka government which was formed in accordance with the democratic process. “The Indian High Commission hopes for political stability and hopes to work with the Sri Lanka government which is formed in accordance with the democratic process in accordance with the oath of Hon’ble @RW_UNP as Prime Minister of #Srilanka,” Tweet. said that India’s commitment to the people of Sri Lanka would continue.
• Members who are in power in Sri Lanka Podujana Peramuna (SLPP), part of the main opposition Samagi Jana Balawegaya (SJB) and several other parties have expressed their support to show the majority for Wickremesinghe in parliament, the source said. However, some factions against steps to appoint Wickremesinghe as the new prime minister. The veteran politician is seen as close to the Rajapaksa clan. But now he does not ask for much support in the opposition or between the public. It still needs to be seen whether he can prove his majority in parliament 225 members.