Colombo: Former Sri Lankan President Gotabaya Rajapaksa is likely to return home from Thailand on Saturday. This information was given in a media report on Thursday. Gotabaya Rajapaksa (73) left the country after a rebellion against his government in the midst of the biggest economic crisis in Sri Lanka. Protesters’ demand for his resignation gained momentum on July 9, when protesters stormed the President’s residence in Colombo and other government buildings in the capital. Rajapaksa left the country on 13 July.
Resigned from the post on 13 July
The ‘Daily Mirror’ news portal quoted a source close to Rajapaksa as saying that Rajapaksa would return to the country on Saturday. The former president had gone to Maldives in a ‘Sri Lanka Air Force’ plane, from where he went to Singapore and sent his resignation on 13 July. After this he went to Thailand and he took temporary refuge. Thailand’s Foreign Minister D Pramuduvinai said former President Rajapaksa could stay in Thailand for up to 90 days as he still holds a diplomatic passport.
Gotabaya is staying in a hotel in Bangkok
Rajapaksa is currently staying at a hotel in Thailand’s capital Bangkok, where police have advised him to stay indoors for security reasons. After the ouster of Rajapaksa, the Sri Lankan Parliament appointed Ranil Wickremesinghe as the new President. According to media reports, Wickremesinghe has made arrangements for Rajapaksa’s return. The Sri Lankan Podujana Peramuna, headed by the Rajapaksa family, had requested to make arrangements for Gotabaya’s return.
IMF to give $2.9 billion loan to Sri Lanka
On the other hand, the International Monetary Fund (IMF) has agreed to give a loan of $ 2.9 billion to Sri Lanka, which is facing severe economic crisis, under a preliminary agreement. The IMF said in a statement that officials of the IMF and Sri Lanka have agreed to an employee-level agreement to support the economic policies of the troubled country. Under this arrangement, $2.9 billion will be given in the Extended Fund Facility (EFF) over a period of 48 months. The aim of this help is to restore macroeconomic stability and debt affordability in Sri Lanka and at the same time protect financial stability.