Asia

Sri Lanka to vote in first election since economic collapse that ousted president

“NOT OUT OF THE WOODS”

More than 17 million people are eligible to vote in the election.

Polls open at 7am (1.30am GMT) with counting to begin on Saturday evening.

A result is expected on Sunday, but an official outcome could be delayed if the contest is close.

Schools were closed on Friday to be converted to polling stations, which will be staffed by more than 200,000 public servants deployed to conduct the vote.

Economic issues dominated the eight-week campaign, with public anger widespread over the hardships endured since the peak of the crisis two years ago.

Official data showed that Sri Lanka’s poverty rate doubled to 25 per cent between 2021 and 2022, adding more than 2.5 million people to those already living on less than US$3.65 a day.

Experts warn that Sri Lanka’s economy is still vulnerable, with payments on the island’s US$46 billion foreign debt yet to resume since a 2022 government default.

The IMF said reforms enacted by Wickremesinghe’s government were beginning to pay off, with growth slowly returning.

“A lot of progress has been made,” the IMF’s Julie Kozack told reporters in Washington last week.

“But the country is not out of the woods yet.”

Source: CNA

Donate to Breeze of Joy Foundation

Global NewsX

Global NewsX is a news sharing website that offers a wide range of categories, from politics and business to entertainment and sports. With its easy-to-navigate interface, users can quickly find the news they are looking for and stay up-to-date on the latest global events. Whether you're interested in breaking news, in-depth analysis, or just want to stay informed, Global NewsX has got you covered.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Home
Videos
Back
Account