Fallen Rajapaksas back Wickremesinghe as Lanka's creditors seek answers

Much has changed since demonstrators drove Gotabaya Rajapaksa from office in July, the climax of months of protests after record-high inflation and depleted currency reserves bankrupted the nation

Ranil Wickremesinghe
Premium

At 73, Ranil Wickremsinghe is in the twilight of his career and has struggled to connect with voters. (Photo: Bloomberg)

Sudhi Ranjan Sen and Kai Schultz | Bloomberg
After fleeing Sri Lanka and spending nearly two months in self-imposed exile, former leader Gotabaya Rajapaksa returned this month to a freshly painted, heavily guarded colonial-style bungalow in one of the island’s swankiest neighborhoods.
 
Much has changed since demonstrators drove Rajapaksa from office in July, the climax of months of protests after record-high inflation and depleted currency reserves bankrupted a country with 22 million people.

The streets are now mostly quiet. The International Monetary Fund tentatively agreed this month to lend $3 billion. Sri Lanka’s government plans to meet external creditors this Friday. And a new president, Ranil Wickremesinghe, has

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 22 2022 | 9:28 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com