The Los Angeles Post
U.S. World Business Lifestyle
Today: April 02, 2025
Today: April 02, 2025

Sri Lanka election panel approves incumbent Wickremesinghe for presidential race

Nominations for presidential elections close in Sri Lanka
August 15, 2024
Uditha Jayasinghe - Reuters

By Uditha Jayasinghe

COLOMBO (Reuters) -Sri Lanka's election panel gave approval on Thursday for President Ranil Wickremesinghe to contest a presidential poll set for Sept. 21 in the Indian Ocean nation, grappling with the fallout of its worst financial crisis in decades.

Wickremesinghe was among 39 candidates to submit nominations for the vote, key to charting Sri Lanka's way out of a crisis unleashed after exhausting its foreign reserves, sending the economy into freefall and defaulting on foreign debt in 2022.

"We have to stabilise the economy," Wickremesinghe told reporters after his candidacy was announced.

"What we are saying is, 'Letโ€™s go ahead and finish this job.' Thatโ€™s why Iโ€™m asking for your support."

Two Buddhist monks were among those who registered, in one of the highest such figures on record, to contest the vote, in which about 17 million Sri Lankans are eligible to cast ballots.

Wickremesinghe, opposition leader Sajith Premadasa and Marxist-leaning parliamentarian Anura Kumara Dissanayake are seen as frontrunners.

"This is an opportunity for the people to bring about genuine change and create a new political culture," Dissanayake, whom analysts consider a dark horse contender, said while leaving the Election Commission after it approved his candidacy.

"That is our aim and I'm confident we can win."

After being elected by parliament in July 2022, Wickremesinghe, 75, has shepherded the island through the crisis, which triggered widespread protests and forced his predecessor, Gotabaya Rajapaksa, to resign.

A surprise entrant to the fray is Namal Rajapaksa, 38, one of 225 lawmakers and the eldest son of two-time president Mahinda Rajapaksa, as the candidate of the Sri Lanka Podujana Peramuna (SLPP) party, which has a parliamentary majority.

"We are ready for elections and we have always protected the democracy of this country and we have always believed that government changes should happen through people," Rajapaksa said at the election panel's office.

The winner will have to shore up the fragile economic recovery, implement a four-year $2.9-billion programme with the International Monetary Fund (IMF), finalise a $12.5-billion debt restructuring and focus on achieving sustainable growth.

(Reporting by Uditha Jayasinghe; Editing by YP Rajesh and Clarence Fernandez)

Related Articles

Swedish journalist jailed in Turkey on terrorism, insult charges Over 20 envoys in Budapest express concern over Hungary's anti-Pride law Thousands protest cancelled Romanian election ahead of repeat vote Brazil Supreme Court to put Bolsonaro on trial for alleged coup attempt
Share This

Popular

Asia|Business|Economy|Finance|Political|Stock Markets|US

Stock market today: Wall Street rises in another jittery day ahead of Trump's tariff announcement

Stock market today: Wall Street rises in another jittery day ahead of Trump's tariff announcement
Africa|Asia|MidEast|Political|Technology|US|World

Trump adviser Waltz's team set up 20 Signal group chats for world crises, Politico reports

Trump adviser Waltz's team set up 20 Signal group chats for world crises, Politico reports
Asia|Europe|Political|World

UK expresses concern over Chinese military exercises around Taiwan

UK expresses concern over Chinese military exercises around Taiwan
Asia|Economy|Health|Political|World

Junta chief to leave quake-striken Myanmar for summit, aid groups clamour for access

Junta chief to leave quake-striken Myanmar for summit, aid groups clamour for access

Asia

Americas|Asia|Business|Economy|Political|US

US tariffs upend Japanese carmakers' Mexico gambit - and add to Nissan's woes

US tariffs upend Japanese carmakers' Mexico gambit - and add to Nissan's woes
Asia|MidEast|Political|World

Russian, Iranian deputy foreign ministers discuss negotiations on Tehran's nuclear programme

Russian, Iranian deputy foreign ministers discuss negotiations on Tehran's nuclear programme
Asia|Crime|Europe

UK police fear serial rapist may have had more than 50 other victims as more women come forward

UK police fear serial rapist may have had more than 50 other victims as more women come forward
Asia|Food|Science|Technology

Scientists sent beans into orbit and made โ€˜space miso.โ€™ Hereโ€™s how it tasted

Scientists sent beans into orbit and made โ€˜space miso.โ€™ Hereโ€™s how it tasted

Access this article for free.

Already have an account? Sign In