Military Space News
SUPERPOWERS
Sri Lanka ex-leader claims ousted over China investments
Sri Lanka ex-leader claims ousted over China investments
by AFP Staff Writers
Colombo (AFP) March 7, 2024

Former Sri Lankan president Gotabaya Rajapaksa ended a long silence over his ouster Thursday by releasing a book claiming "geopolitical rivalry" between China and other countries was responsible for his downfall.

Rajapaksa was forced into temporary exile after protesters stormed his official residence in 2022, following months of street protests over the island nation's worst-ever economic crisis.

In a self-published account of his downfall, "The Conspiracy", Rajapaksa defends his government's economic policies, which forced an unprecedented foreign debt default and saw months of severe food and fuel shortages.

Instead, he said "Chinese funded infrastructure projects in Sri Lanka after 2006 brought in an element of geopolitical rivalry" that precipitated his overthrow.

"It would be extremely naive for anyone to claim that there was no foreign hand in the moves made to oust me from power," Rajapaksa wrote.

Rajapaksa did not name specific countries, but the United States had in the past repeatedly warned Sri Lanka it risked falling into a Chinese debt trap by signing a raft of infrastructure deals.

At the time of his ouster, the 74-year-old was initially flown out of Sri Lanka aboard a military aircraft and emailed his resignation from Singapore, but he has since returned home.

In the book, Rajapaksa claimed that protesters who took to the streets as the economy ground to a halt in the final months of his tenure had "foreign funding", without offering evidence.

Beijing has funded several development projects in Sri Lanka, including a rarely-used convention centre and airport in Rajapaksa's hometown Hambantota, which critics have slammed as white elephants.

China is also Sri Lanka's biggest single bilateral lender, owning around 10 percent of the island's foreign debt.

Rajapaksa was once esteemed among the Sinhala Buddhist majority for helping end Sri Lanka's long civil war in 2009 while serving as the top defence official during his brother Mahinda's presidency.

He was elected in a landslide in 2019 but his popularity crashed in tandem with Sri Lanka's economy less than three years later, as supermarket shelves stood empty and days-long queues formed at petrol stations.

Economists blamed the sudden downturn on ill-advised tax cuts by Rajapaksa's government that left it unable to respond to the collapse of foreign exchange reserves following the coronavirus pandemic.

Political commentator Kusal Perera said Rajapaksa's downfall was due to his own inept handling of the economy.

"He was popular as a Sinhala-Buddhist leader thanks to media hype, but he was simply unable to deliver," Perera told AFP.

Rajapaksa's successor Ranil Wickremesinghe has brokered an International Monetary Fund rescue package and sharply raised taxes to restore government finances.

Related Links
Learn about the Superpowers of the 21st Century at SpaceWar.com
Learn about nuclear weapons doctrine and defense at SpaceWar.com

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
SUPERPOWERS
Paris backs Dutch PM as next NATO chief
The Hague (AFP) March 6, 2024
Prime Minister Gabriel Attal announced France's support on Wednesday for his Dutch counterpart Mark Rutte to lead NATO, which several members have endorsed but Hungary has challenged. Rutte is the frontrunner to replace Jens Stoltenberg as NATO secretary general, even though a shock win for the far right in the recent Netherlands general election risks tarnishing his legacy. "Of course we support Mark Rutte's candidacy for NATO, given his experience, his ability to build a very broad coalition ... read more

SUPERPOWERS
BAE Systems to pioneer ground system for Space Force's missile defense upgrade

Lockheed Martin advances in missile defense with key acquisition milestone

L3Harris Technologies Launches New Satellites to Enhance US Missile Defense

SpaceX launches batch of satellites for Space Systems Command

SUPERPOWERS
Bulk carrier hit by missile from Yemen, crew says three killed

UK says Ukraine's 'business' how donated cruise missiles used

Scholz defends refusal to send long-range missiles to Ukraine

Zelensky urges Western air defence as Russian attacks kill 11

SUPERPOWERS
Ukraine says downed 38 of 42 Russian drones overnight

Russia claims Odesa sea drone facility hit; Zelensky, Greek PM nearby in city

5 killed in Russian drone attack on Ukrainian port of Odesa

US forces down drones, missile fired from Yemen at warship

SUPERPOWERS
Boeing Secures $439.6 Million Contract for 12th WGS Satellite from U.S. Space Force

Multi-orbit SATCOM solution by Hughes selected for AFRL's DEUCSI initiative

Luxembourg DoD Partners with SES and HITEC to Augment SATCOM Ground Infrastructure

Northrop Grumman Selects Viasat for Defense Space Internet Integration Project

SUPERPOWERS
Swedish man charged over military base secrets

As Italy prepares security deal with Ukraine, White House announces PM's visit in March

Ammunition shortage hurting Ukraine, Zelensky tells Munich meeting

Ammunition shortage hurting Ukraine, Zelensky tells Munich meeting

SUPERPOWERS
EU seeks to boost defence two years after Russia's Ukraine invasion

EU proposes vast defence boost, spurred by Russian war in Ukraine

China boosts defence spending as regional disputes heat up

House committee grills Lloyd Austin over handling of hospitalization

SUPERPOWERS
China will 'legitimately defend rights' in South China Sea: FM

Sri Lanka ex-leader claims ousted over China investments

China will be global 'force for peace': foreign minister

The Dalai Lama: Tibet's spiritual leader, bane of Beijing

SUPERPOWERS
Researchers unveil novel technique for creating atomically thin nanoscrolls

MIT.nano equipment to accelerate innovation in "tough tech" sectors

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.