Sep 6, 2024, 4:17 AM
Sep 6, 2024, 4:17 AM

Sri Lanka"s presidential election on Sept. 21 after economic crisis

Highlights
  • Sri Lanka's presidential election is scheduled for September 21, following a significant economic crisis in 2022 that led to mass protests and the resignation of former President Gotabaya Rajapaksa.
  • Key candidates include Prime Minister Ranil Wickremesinghe, Anura Kumara Dissanayake of the National People’s Power coalition, Sajith Premadasa, and Namal Rajapaksa from the influential Rajapaksa family.
  • The election outcome will be crucial for the country's recovery and governance, as economic challenges persist despite some improvements in key indicators.
Story

Sri Lanka is set to hold a pivotal presidential election on September 21, following a severe economic crisis that erupted in 2022. This crisis led to widespread protests and the resignation of former President Gotabaya Rajapaksa. The election is crucial for determining the nation's recovery path, with candidates vying for public support amid ongoing economic challenges. Current Prime Minister Ranil Wickremesinghe, despite his unpopularity due to austerity measures, hopes to leverage improvements in essential supplies and economic indicators to gain votes. Anura Kumara Dissanayake, leader of the National People’s Power coalition, is emerging as a strong contender, particularly among younger voters disillusioned with corruption. His appeal stems from his outsider status, distancing himself from the political elite associated with the previous government. Sajith Premadasa, another key candidate, aims to attract support from the Tamil community by promising power devolution, which could reshape political dynamics in the country. Namal Rajapaksa, representing the influential Rajapaksa family, is also in the race, advocating for tax relief and economic recovery, attributing the crisis to the COVID-19 pandemic. The election process involves counting first preferences, with a runoff if no candidate secures over 50% of the votes. The outcome will significantly impact Sri Lanka's governance and economic policies moving forward. As the election approaches, the focus remains on the economy, with Wickremesinghe reporting improvements in inflation and foreign reserves. However, many citizens continue to struggle with high living costs, raising questions about the effectiveness of the current administration's measures and the potential for real change in the upcoming election.

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