Bloomberg: Sri Lanka’s president vows to finish term, but won’t run for re-election 

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Title : Bloomberg: Sri Lanka’s president vows to finish term, but won’t run for re-election 
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Bloomberg: Sri Lanka’s president vows to finish term, but won’t run for re-election 

COLOMBO, June 6 — Sri Lankan President Gotabaya Rajapaksa will finish the remaining two years of his term despite months-long street protests calling for his ouster but won’t stand for re-election, he told Bloomberg.Sri Lanka is suffering its worst economic crisis in decades.“I have been given a mandate for five years. I will not contest again,” Rajapaksa said on today in an interview at his official residence in Colombo.Anti-government protestors blame Rajapaksa and his family for decisions that led to severe shortages of everything from fuel to medicine, stoking inflation of 40 per cent and forcing a historic debt default.Thousands of demonstrators have camped outside the president’s seaside office since mid-March, forcing him to retreat to his barricaded official residence about a kilometre away.The economic tailspin spiralled into political turmoil with the resignation of …

COLOMBO, June 6 — Sri Lankan President Gotabaya Rajapaksa will finish the remaining two years of his term despite months-long street protests calling for his ouster but won’t stand for re-election, he told Bloomberg.Sri Lanka is suffering its worst economic crisis in decades.“I have been given a mandate for five years. I will not contest again,” Rajapaksa said on today in an interview at his official residence in Colombo.Anti-government protestors blame Rajapaksa and his family for decisions that led to severe shortages of everything from fuel to medicine, stoking inflation of 40 per cent and forcing a historic debt default.Thousands of demonstrators have camped outside the president’s seaside office since mid-March, forcing him to retreat to his barricaded official residence about a kilometre away.The economic tailspin spiralled into political turmoil with the resignation of …


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