Ravindra Sandresh Karunanayake (born 19 February 1963) is a Sri Lankan politician and Member of Parliament.
Following the death of her husband, Carmi Karunanayake, gained employment at the Presidential Secretariat, served as head of housekeeping of the President's House, Colombo.
[citation needed] In the General Election held in the year 2001, Karunanayake became the Minister of Trade, Commerce and Consumer Affairs.
[2] In 2017, The Banker magazine selected Karunanayake as the best finance minister in Asia pacific for securing a $1.5 billion International Monetary Fund loan programme to avoid a balance of payments crisis, replenish reserves and rebuild confidence among international investors.
1,356 billion in the same period which is crucial for Sri Lanka as it has a very low tax revenue-to-gross domestic product ratio.
[7] In late July 2017, during the Presidential Commission of Inquiry on Bond Issuance appointed to look into the controversial sale of government bonds during the tenure of Central Bank Governor Arjuna Mahendran to his son-in-law Arjun Aloysius's firm Perpetual Treasuries; a witness, Anika Wijesuriya, stated that the upscale Colombo penthouse rented by Minister Karunanayake and his family in 2016 was paid for by Arjun Aloysius through his company.
[10] This caused a major public outcry, with calls for his resignation and negative feedback to many of the proposals he presented to President Sirisena, such as his request for the use of Visumpaya as his official residence as Minister of Foreign Affairs.
[7] In October 2017, Anika Wijesuriya, who testified against Ravi Karunanayake, had left Sri Lanka following threats to her life.
[17][18][19] Following the 2018 Sri Lankan constitutional crisis, Karunanayake was appointed as Minister of Power, Energy and Business Development in December 2018.