I can't go as a failed president, I have been given a mandate for five years. I will not contest again: President

President Gotabaya Rajapaksa vowed to finish the remaining two years in his term despite monthslong street protests calling for his ouster, but won’t stand for re-election as he focuses on fixing a financial mess that tipped Sri Lanka into its worst-ever economic crisis.

“I can’t go as a failed president,” Rajapaksa said Monday in a wide-ranging interview at his official residence in Colombo, his first with a foreign media organization since the crisis unfolded. “I have been given a mandate for five years. I will not contest again.”

The defiance comes in the face of slogans of “Gota Go Home,” with protesters blaming Rajapaksa and his family for decisions that led to severe shortages of everything from fuel to medicine, stoking inflation to 40% 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 kilometer away.

The economic tailspin spiraled into political turmoil with the resignation of the president’s old brother -- Mahinda Rajapaksa -- as the nation’s prime minister, after clashes between government supporters and the protesters turned bloody in May.