Why Sri Lanka’s parliamentary election today matters for its future
In the past four years, the share of people living below the poverty line in Sri Lanka has risen to 25.9 per cent. The World Bank forecasts the economy to grow by just 2.2 per cent in 2024. Mr Dissanayake needs his alliance to win a two-thirds majority of 225 seats in the legislature to press forward with his reform package.
Many factors contributed to Sri Lanka’s economic collapse in 2022. In 2016–2017, a drought ruined crops and weakened the farming industry. Politics also were a factor, with a sudden ...
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Sri Lanka election: What's at stake after economic collapse?He emphasized that this election is pivotal for Sri Lanka as it represents a turning point following the economic and political crises that led to the downfall of the previous government.
Sri Lanka went to polls in a stabilization crisis coming after the worst currency collapse in the history of the island ...
Having saddled the nation with a disastrous International Sovereign Bond (ISB) restructuring that ballooned debt repayments ...
"I will now deliver Sri Lanka a developed economy, developed social system and developed political system." But Wickremesinghe's tax hikes and other measures, imposed per the terms of a $2.9 ...
"I will now deliver Sri Lanka a developed economy, developed social system and developed political system." But Wickremesinghe's tax hikes and other measures, imposed under the terms of a $2.9 ...
COLOMBO: Sri Lanka’s leftist President-elect on Sept ... Wickremesinghe – who took office at the peak of the 2022 economic collapse and imposed tough austerity policies per the terms of ...
Sri Lanka's new leftist leader, Anura Kumara Dissanayake, seeks to expand his parliamentary seats with backing from ...
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