The Fort Worth Press - Sri Lanka votes in first poll since economic collapse

USD -
AED 3.673036
AFN 67.516915
ALL 93.450149
AMD 388.379901
ANG 1.797007
AOA 911.999808
ARS 1007.250214
AUD 1.54495
AWG 1.8025
AZN 1.696617
BAM 1.854894
BBD 2.013135
BDT 119.148331
BGN 1.86478
BHD 0.37693
BIF 2895
BMD 1
BND 1.342539
BOB 6.890305
BRL 5.810497
BSD 0.997032
BTN 84.045257
BWP 13.603255
BYN 3.263026
BYR 19600
BZD 2.009882
CAD 1.40531
CDF 2870.999844
CHF 0.88583
CLF 0.035424
CLP 977.469787
CNY 7.25205
CNH 7.254785
COP 4403
CRC 509.469571
CUC 1
CUP 26.5
CVE 105.674962
CZK 24.088988
DJF 177.720088
DKK 7.108471
DOP 60.502453
DZD 133.624009
EGP 49.631183
ERN 15
ETB 123.449884
EUR 0.953055
FJD 2.27645
FKP 0.789317
GBP 0.79533
GEL 2.729547
GGP 0.789317
GHS 15.693437
GIP 0.789317
GMD 71.000081
GNF 8629.999407
GTQ 7.695226
GYD 208.598092
HKD 7.782595
HNL 25.22499
HRK 7.133259
HTG 130.860533
HUF 391.544968
IDR 15918.5
ILS 3.64384
IMP 0.789317
INR 84.33895
IQD 1310.5
IRR 42087.495506
ISK 138.290187
JEP 0.789317
JMD 157.444992
JOD 0.709303
JPY 152.862048
KES 129.49913
KGS 86.792944
KHR 4050.000517
KMF 468.949741
KPW 899.999621
KRW 1395.819993
KWD 0.30768
KYD 0.830915
KZT 497.847158
LAK 21964.999558
LBP 89549.999734
LKR 290.349197
LRD 179.825013
LSL 18.039902
LTL 2.95274
LVL 0.60489
LYD 4.894996
MAD 10.033503
MDL 18.222083
MGA 4678.999474
MKD 58.661748
MMK 3247.960992
MNT 3397.999946
MOP 7.992375
MRU 39.915018
MUR 46.82981
MVR 15.449781
MWK 1735.999688
MXN 20.67185
MYR 4.458005
MZN 63.902996
NAD 18.039596
NGN 1692.269863
NIO 36.760517
NOK 11.141785
NPR 134.472032
NZD 1.71308
OMR 0.384993
PAB 0.997069
PEN 3.77825
PGK 3.970083
PHP 58.966499
PKR 277.749951
PLN 4.105051
PYG 7780.875965
QAR 3.6406
RON 4.742499
RSD 111.495989
RUB 105.501024
RWF 1371
SAR 3.757108
SBD 8.39059
SCR 13.122709
SDG 601.500677
SEK 10.99554
SGD 1.34579
SHP 0.789317
SLE 22.703439
SLL 20969.504736
SOS 571.493234
SRD 35.404992
STD 20697.981008
SVC 8.724393
SYP 2512.529858
SZL 18.040249
THB 34.70065
TJS 10.653933
TMT 3.51
TND 3.16725
TOP 2.342099
TRY 34.659305
TTD 6.779275
TWD 32.424501
TZS 2645.000334
UAH 41.427826
UGX 3694.079041
UYU 42.488619
UZS 12830.000083
VES 46.694918
VND 25415
VUV 118.722009
WST 2.791591
XAF 622.125799
XAG 0.032895
XAU 0.00038
XCD 2.70255
XDR 0.762694
XOF 627.498055
XPF 114.050204
YER 249.924979
ZAR 18.192202
ZMK 9001.19568
ZMW 27.49457
ZWL 321.999592
  • RBGPF

    0.8100

    61

    +1.33%

  • SCS

    -0.1800

    13.54

    -1.33%

  • NGG

    -0.4300

    62.83

    -0.68%

  • CMSD

    -0.1500

    24.43

    -0.61%

  • BCE

    -0.3900

    26.63

    -1.46%

  • BCC

    -4.0900

    148.41

    -2.76%

  • RIO

    -0.9500

    62.03

    -1.53%

  • RELX

    0.2400

    46.81

    +0.51%

  • CMSC

    -0.1600

    24.57

    -0.65%

  • RYCEF

    0.0300

    6.8

    +0.44%

  • VOD

    -0.0500

    8.86

    -0.56%

  • BTI

    0.3800

    37.71

    +1.01%

  • GSK

    -0.1300

    34.02

    -0.38%

  • JRI

    -0.1300

    13.24

    -0.98%

  • AZN

    -0.0400

    66.36

    -0.06%

  • BP

    -0.3600

    28.96

    -1.24%

Sri Lanka votes in first poll since economic collapse
Sri Lanka votes in first poll since economic collapse / Photo: © AFP

Sri Lanka votes in first poll since economic collapse

Cash-strapped Sri Lanka began voting for its next president Saturday in an effective referendum on an unpopular International Monetary Fund austerity plan enacted after the island nation's unprecedented financial crisis.

Text size:

President Ranil Wickremesinghe is fighting an uphill battle for a fresh mandate to continue belt-tightening measures that have stabilised the economy and ended months of food, fuel and medicine shortages.

His two years in office restored calm to the streets after civil unrest spurred by the downturn in 2022 saw thousands storm the compound of his predecessor, who promptly fled the country.

"We must continue with reforms to end bankruptcy," Wickremesinghe, 75, said at his final rally in Colombo this week.

"Decide if you want to go back to the period of terror, or progress."

But Wickremesinghe's tax hikes and other measures, imposed per the terms of a $2.9-billion IMF bailout, have left millions struggling to make ends meet.

He is tipped to lose to one of two formidable challengers including Anura Kumara Dissanayaka, the leader of a once-marginal Marxist party tarnished by its violent past.

Sri Lanka's crisis has proven an opportunity for the 55-year-old Dissanayaka, who has seen a surge of support based on his pledge to change the island's "corrupt" political culture.

Fellow opposition leader Sajith Premadasa, the son of a former president assassinated in 1993 during the country's decades-long civil war, is also expected to make a strong showing.

"There is a significant number of voters trying to send a strong message... that they are very disappointed with the way this country has been governed," Murtaza Jafferjee of think tank Advocata told AFP.

- 'Not out of the woods' -

More than 17 million people are eligible to vote in the election, with more than 63,000 police deployed to protect polling booths and counting centres.

"We also have anti-riot squads on standby in case of any trouble, but so far everything is peaceful," police spokesman Nihal Talduwa said.

"In some areas, we have had to deploy police to ensure polling booths are safe from wild animals, especially wild elephants."

Polls close at 4:00 pm (1030 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 percent between 2021 and 2022, adding more than 2.5 million people to those already living on less than $3.65 a day.

Experts warn that Sri Lanka's economy is still vulnerable, with payments on the island's $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."

N.Patterson--TFWP