NewsBytes
    Hindi Tamil Telugu
    More
    In the news
    Narendra Modi
    Amit Shah
    Box Office Collection
    Bharatiya Janata Party (BJP)
    OTT releases
    Hindi Tamil Telugu
    NewsBytes
    User Placeholder

    Hi,

    Logout


    India Business World Politics Sports Technology Entertainment Auto Lifestyle Inspirational Career Bengaluru Delhi Mumbai Visual Stories Find Cricket Statistics Phones Reviews Fitness Bands Reviews Speakers Reviews

    Download Android App

    Follow us on
    • Facebook
    • Twitter
    • Linkedin
     
    Home / News / World News / More important to rebuild Lanka than my own house: Wickremesinghe
    More important to rebuild Lanka than my own house: Wickremesinghe
    World

    More important to rebuild Lanka than my own house: Wickremesinghe

    Written by Abhishek Hari
    August 01, 2022 | 12:13 pm 3 min read
    More important to rebuild Lanka than my own house: Wickremesinghe
    Sri Lankan President Ranil Wickremesinghe said that some people have threatened to stage protests, demanding that he go home.

    Sri lankan President Ranil Wickremesinghe, in reference to the protesters' threats, said that there was no point in asking that he "should go home" because he has nowhere to go. As per the Colombo Gazette, Wickremesinghe stated in Sri Lanka's city of Kandy that certain people have vowed to organize rallies demanding that he return home amid the ongoing economic crisis.

    Why does this story matter?

    Sri Lanka is witnessing record inflation and a food and fuel shortage due to a long-term financial crisis that has left the nation bankrupt. The nation's economy has been hit by the COVID-19 pandemic and the Russia-Ukraine crisis, leaving it with $51 billion in foreign debt. After mass civilian protests last week, former President Gotabaya Rajapaksa was forced to flee the nation and resign.

    Official statement over the issue

    Wickremesinghe stated that demanding him to return home is a waste of time and that protesters should instead work to either repair his burned-out house or rebuild the country. "I'm appealing to you not to do that as I have no home. There's no point telling a man who has no home to go to," he reportedly stated.

    Unrest delayed agreement with IMF: Wickremesinghe

    He emphasized that the disturbances have delayed a possible agreement with the International Monetary Fund (IMF) to help bring the bankrupt nation out of its economic crisis. He reportedly asked political parties to work together to find sustainable solutions to Lanka's problems rather than criticizing former president Gotabaya Rajapaksa. Wickremesinghe urged everyone, including leaders, to work together to bring the country out of debt.

    Foreign countries won't provide aid without agreement with IMF: President

    The President reaffirmed that foreign countries will not provide financial aid to the island country until an agreement with the IMF is reached. "The negotiations stalled due to instability....over the past few weeks....agitators stormed the nation amid extreme fuel and food shortages," he stated. Sri Lanka must reportedly find means to repay its loans because the IMF will not totally alleviate the country's problems.

    What exactly happened to his house?

    Notably, on July 9, outraged by the extraordinary economic crisis, Sri Lankan demonstrators broke into then-Prime Minister (PM) Ranil Wickremesinghe's private home and set it on fire. Despite the fact that the police had shot tear gas at the protesters, they broke into his home and set it ablaze. Following this, Wickremesinghe, who was named PM in May, resigned from his position.

    Wickremesinghe became President of Sri Lanka on July 21

    After Gotabaya Rajapaksa's resignation as president, Wickremesinghe was sworn in as the new president of Sri Lanka on July 21 in front of Chief Justice Jayantha Jayasuriya. On July 20, he won the presidency in a vote held in the Lankan Parliament.

    Share this timeline
    Facebook
    Whatsapp
    Twitter
    Linkedin
    Related News
    Sri Lanka
    International Monetary Fund
    Sri Lankan Government
    Ranil Wickremesinghe
    Gotabaya Rajapaksa

    Sri Lanka

    Sri Lanka crisis: Military uses force against protesters, dismantles tents Colombo
    Sri Lanka's 'comeback man' Ranil Wickremesinghe elected as new President Sri Lankan Government
    Sri Lanka's acting president Ranil Wickremesinghe declares state of emergency Sri Lankan Government
    Lanka crisis: Centre calls all-party meeting at Tamil Nadu's request AIADMK

    International Monetary Fund

    #NewsBytesExplainer: Like Sri Lanka, these countries too facing economic setback Egypt
    Amid Sri Lanka crisis, IMF chief warns of global debt Sri Lanka
    Lanka crisis: Gotabaya to resign, Wickremesinghe's house set on fire Sri Lanka
    Sri Lanka under virtual lockdown over fuel scarcity amid crisis India

    Sri Lankan Government

    Sri Lanka plans quota scheme for fuel refilling amid crisis Sri Lanka
    Ranil Wickremesinghe takes oath as Acting President of Sri Lanka Singapore
    Sri Lankan Army chief seeks public support to maintain peace Sri Lanka
    Sri Lanka fuel crisis: 2-week 'work from home' for employees India

    Ranil Wickremesinghe

    'Did everything to save Lanka': Rajapaksa says in resignation letter Sri Lanka
    Sri Lanka: Parliament convenes, new president election on July 20 Sri Lanka
    Sri Lankan protesters help tear-gassed dog outside PM office Animal Rights
    Curfew imposed in Colombo; President Rajapaksa likely to reach Singapore Singapore

    Gotabaya Rajapaksa

    Sri Lanka: PM Wickremesinghe orders military, police to restore order Sri Lanka
    Sri Lankan PM declares emergency as Gotabaya flees to Maldives Sri Lanka
    Airport authorities block ex-FM Basil Rajapaksa from leaving Sri Lanka Sri Lanka
    Sri Lanka crisis: Ranil Wickremesinghe quits as PM Sri Lanka
    Next News Article

    Love World News?

    Subscribe to stay updated.

    World Thumbnail
    Indian Premier League (IPL) Celebrity Hollywood Bollywood UEFA Champions League Tennis Football Smartphones Cryptocurrency Upcoming Movies Premier League Cricket News Latest automobiles Latest Cars Upcoming Cars Latest Bikes Upcoming Tablets
    About Us Privacy Policy Terms & Conditions Contact Us Ethical Conduct Grievance Redressal News News Archive Topics Archive Download DevBytes Find Cricket Statistics
    Follow us on
    Facebook Twitter Linkedin
    All rights reserved © NewsBytes 2023