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Home » President highlights several Key points with an interview with Bloomberg
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President highlights several Key points with an interview with Bloomberg

Buzzer EditorBy Buzzer EditorJune 7, 2022No Comments2 Mins Read13 Views
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A draft of the so-called 21st amendment gives some powers back to the parliament and restores independence to commissions in key decisionmaking.

Either the presidency should be abolished or the parliament is kept out of governing, Gotabaya Rajapaksa said. 

“You can’t have a mixed system,” he said. “I experienced this and now know. People may blame me when I tell this but that’s the truth.”

Here are some other highlights from the interview. Rajapaksa’s comments are edited lightly for clarity:

The economy:

  • “We waited too long (to seek help from the International Monetary Fund). If we had gone at least six months or a year earlier, it would not have come to this state.”
  • “We have appointed financial and legal advisers (for a debt restructure) but that is for the capital markets. Bilaterals we have to go to individually; our major loans are from China, Japan, India and the Paris Club.”
  • “I have requested help from India and China. I personally spoke to the leaders and wrote to them. Then I have spoken to Middle Eastern leaders personally like Qatar, UAE especially, and want to speak to Saudi and Oman to get help for long term contracts for supply of crude oil.”
  • “The subsidy system will have to go. We cannot cut down on public servants or the military, we can decrease by cutting down on recruitment.”

His struggles:

  • “It is political as a president. You know, I am not a politician. Fortunately or unfortunately people when they are in politics for so long you can have so much baggage, you have lot of friends. Lot of people who want help are your supporters. When you go against this — I tried to go against this — you don’t get their help.”

Constitutional amendment:

  • “What is this executive (powers) of the president? My personal opinion is that if you have a presidency he must have full powers. Otherwise abolish executive presidency and go for full Westminster-style parliament.”

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  • Houthis fire missiles at Saudi Arabia, breaking years of calm
  • Sri Lanka named among ‘World’s Top 50 Food Destinations for 2026’
  • US military completes latest wave of strikes on Iran
  • SJB claims govt planning to extend Supreme Court judges’ retirement age by year-end
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