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Sri Lanka’s economic crisis resulted largely from excessive borrowing on projects that did not generate revenue. The impact of the COVID-19 pandemic and the government’s insistence on using scarce foreign reserves to prop up the currency, the rupee, contributed to the economy’s free fall.
A combination of wooden and cardboard ballot boxes was used in the 2019 Sri Lankan presidential election and the 2020 Sri Lankan parliamentary election. [ 32 ] [ 33 ] To further ensure security, the government imposed a liquor ban on the weekend of 21 to 22 September and deployed more than 63,000 police officers to secure polling stations and ...
Dissanayake was leading with 47% of total votes counted, followed by Premadasa with nearly 28% and Wickremesinghe with 15%. The election was a virtual referendum on Wickremesinghe’s leadership of a fragile recovery, including restructuring Sri Lanka’s debt under an International Monetary Fund bailout program after it defaulted in 2022.
Sri Lankans will vote for a new president in a tightly contested election on Saturday, with the outcome expected to determine the fate of fragile economic recovery led by incumbent Ranil ...
COLOMBO, Sri Lanka (AP) — Sri Lanka will hold its presidential election on Sept. 21 in a crucial vote that will decide the future of the South Asian nation still struggling to recover from its economic collapse in 2022, which provoked mass protests and forced the former President Gotabaya Rajapaksa to flee the country and later resign.
Sri Lanka's knife-edge election on Saturday has raised doubts over when its long-awaited debt deal with bondholders will be finalised, if it keeps up with its IMF programme targets and even ...
The election is largely seen as a crucial vote for the island nation’s efforts to concl Sri Lanka will hold presidential election on Sept. 21, its first since declaring bankruptcy in 2022 Skip ...
Presidential elections were held in Sri Lanka on 16 November 2019. [1] [2] Incumbent president Maithripala Sirisena did not run for a second term.Gotabaya Rajapaksa, brother of former president Mahinda Rajapaksa, was the candidate of the Sri Lanka Podujana Peramuna [3] and was endorsed by the Sri Lanka Freedom Party. [4]