COLOMBO: Sri Lanka’s main Marxist leader and a key presidential hopeful in elections next month pledged on Monday (Aug 26) to selectively welcome foreign investors, especially in green energy, if he wins.
Anura Kumara Dissanayaka, a 55-year-old former agricultural minister and vocal campaigner against graft, is popular with voters fed up with the endemic corruption he blames for the island’s 2022 economic meltdown.
The Sep 21 vote will be the first since protesters furious at an unprecedented financial crisis toppled strongman president Gotabaya Rajapaksa.
President Ranil Wickremesinghe, elected by parliament after the ouster, is seeking a mandate to continue with a US$2.9 billion IMF bailout loan to stabilise the economy.
But Dissanayaka promises to renegotiate that deal – although he has not provided specific changes beyond wanting to cut heavy taxes.
“We will invite foreign companies into sectors like renewable energy, where we don’t have the capacity to invest large amounts of capital,” Dissanayaka said as he launched his manifesto.
There are 39 candidates in the fray, but next month’s contest is viewed as mainly between Dissanayaka, Wickremesinghe and the Leader of the Opposition Sajith Premadasa.
Both Wickremesinghe and Premadasa are ideologically aligned.
Source: CNA
