HomeNewsWorldMahinda Rajapaksa: A street-fighter politician who maintained image of security and stability but failed on economic front

Mahinda Rajapaksa: A street-fighter politician who maintained image of security and stability but failed on economic front

The island nation’s worst economic crisis since its independence from Britain in 1948 is caused in part by a lack of foreign currency, which has meant that the country cannot afford to pay for imports of staple foods and fuel, leading to acute shortages and very high prices.

May 09, 2022 / 19:02 IST
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Mahinda Rajapaksa, the wily 76-year-old patriarch of the powerful Rajapaksa clan, was once known as Sri Lanka’s man for all seasons, but the unprecedented anti-government protests triggered by the island nation’s unprecedented economic turmoil turned out to be a tsunami that forced him to resign as the prime minister.
The island nation’s worst economic crisis since its independence from Britain in 1948 is caused in part by a lack of foreign currency, which has meant that the country cannot afford to pay for imports of staple foods and fuel, leading to acute shortages and very high prices.

Thousands of demonstrators hit the streets across Sri Lanka since April 9 seeking resignation of President Gotabaya and Prime Minister Mahinda.

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Under mounting pressure, President Gotabaya Rajapaksa dropped his older brother Chamal and the eldest nephew Namal from the Cabinet in mid-April. However, Prime Minister Mahinda was reluctant to resign even as reports emerged of a rift between the two brothers in running the debt-ridden country.

Mahinda’s resignation came after his supporters attacked anti-government protesters outside embattled President Gotabaya Rajapaksa’s office, leaving dozens injured and prompting authorities to impose a nationwide curfew and deploy army troops in the national capital.