Gota coming?

Thursday 18th August 2022

Speculation is rife that former President Gotabaya Rajapaksa is planning to return to Sri Lanka. The question, however, is not whether he is coming, but what he is doing overseas. The anti-government protesters who engineered his ouster called upon him to ‘go home’; they did not ask him to flee the country. Interestingly, they themselves have gone back home! Gotabaya certainly helped defuse tensions by leaving the country in the aftermath of the 09 July uprising, without ordering a military crackdown on protests, whatever the reason, but it defies comprehension why he has chosen to be in self-exile for so long.

All other SLPP politicians who pauperised the country while claiming to empower its people have not fled the country; they are going places, instead. The protesting public demanded a system change, no less, but what they have got is the same rotten system with some cosmetic change; there is a ‘new’ government consisting of the same old failures and political rejects. So, Gotabaya’s return will not make much of a difference.

Gotabaya ruined the economy. He alone? The economic crisis no doubt worsened, on his watch, but it is not of recent origin. When a nation consumes more than it produces, and spends more than it earns, it asks for trouble and its bankruptcy is only a matter of time. Gotabaya could have delayed the country’s slide into pauperism if not for his obduracy, incompetence, inexperience, the wrong advice he received from a coterie of self-styled experts, and some circumstances beyond his control.

The government would have the public believe that the economy nosedived due to the Covid-19 pandemic, which affected the country’s productivity, exports and the foreign currency inflow, and the Ukraine war, which has led to massive increases in the costs of imports. It is only causing an affront to the people’s intelligence by peddling this argument. The country could have withstood unprecedented pressure from the pandemic and the Ukrainian conflict, albeit temporarily, but for the Gotabaya administration’s economic mismanagement. Politically-motivated tax cuts took a heavy toll on the state revenue, compelling the government to resort to money printing. The situation took a turn for the worse owing to the distribution of cash handouts by way of pandemic relief. Excessive money printing led to an exponential increase in inflation and the devaluation of the rupee. The government also made a fatal mistake by continuing to defend the tumbling rupee until the depletion of the scarce dollar reserves, and allowing a currency free float thereafter, instead of seeking IMF assistance at the first sign of trouble. Corruption has also cost the state coffers dear, the fallout of the mega sugar tax scam being a case in point. Gotabaya’s disastrous organic agriculture policy backfired because what should have been done over several years cautiously was telescoped into a few months.

Trouble began for Gotabaya with the emergence of two more competing power centres in the SLPP in the form of the Mahinda and Basil camps after the last general election. One may recall that Gotabaya performed reasonably well as the President until the formation of the SLPP government in August 2020. Mahinda, after securing the premiership, reverted to his old ways, which had led to his downfall as the President, and Basil began to leverage his position as the handler of the SLPP to control the government.

Gotabaya was keen to form an all-party government towards the latter stages of his rule. It may be argued that he was only making a virtue of necessity, but the fact remains that he was willing to share power with the Opposition. The SLPP was against any such power-sharing arrangement, and the political crisis worsened, leading to the ouster of Gotabaya. Most of those who contributed to the country’s bankruptcy are back in business and the Aragalaya has withered on the vine. Gotabaya alone is on the run—of his own volition.

Some LTTE sympathisers who funded terrorism, which destroyed tens of thousands of lives and properties worth billions of rupees, and ruined the economy, here, are now free to come back because the current administration has delisted their outfits for political expediency. Gotabaya, the former Defence Secretary, who played a pivotal role in prosecuting the country’s successful war against the LTTE, became the President and resigned, fears to return home!