Sri Lanka is gearing up for a crucial presidential election as the nation seeks to recover from its worst economic crisis. The election is set for Saturday, and President Ranil Wickremesinghe is among the notable candidates vying for the top position.
At 75 years old, he aims to secure a new mandate to continue his efforts in reviving the economy.
Wickremesinghe took office in July 2022, stepping in during a time of great turmoil. His predecessor, Gotabaya Rajapaksa, was forced to resign following widespread protests triggered by severe shortages of food, fuel, and medicine. Since then, Wickremesinghe has worked to stabilise the economy and restore order in the country. He believes his administration has successfully ended the chaos and is now focused on building a more robust export economy.
During a recent interview, Wickremesinghe expressed his desire to strengthen economic ties with India. He emphasised the importance of attracting more Indian investments and tourism, stating that collaboration on infrastructure projects like the Trincomalee Harbour is underway. He highlighted that his government is not only stabilising the economy but also laying down a path for future growth.
However, the president faces stiff competition in this election. A total of 38 candidates are in the race, but two main alliances are dominating the political landscape: the Samagi Jana Balawegaya (SJB) and the National People's Power (NPP). Wickremesinghe’s political party holds only one seat in parliament, making it crucial for him to gather support from other political factions.
Sajith Premadasa, the leader of the SJB and son of former President Ranasinghe Premadasa, is a key contender. At 57, he advocates for changes to the International Monetary Fund's $2.9 billion bailout plan. His party promotes a blend of interventionist and free-market policies aimed at alleviating the high cost of living. Since breaking away from Wickremesinghe’s party in 2020, Premadasa has gained a strong following, positioning himself as a serious alternative.
Anura Kumara Dissanayake, aged 55, leads the NPP and represents the People's Liberation Front. His party is known for advocating anti-corruption measures and policies that favour the poor. Dissanayake’s candidacy has resonated with voters, as recent surveys show him leading in popularity with 36% of the votes. His party traditionally supports a more interventionist economic approach, focusing on the needs of the marginalised.
Another notable candidate is Namal Rajapaksa, 38, a member of the influential Rajapaksa family. He represents the Sri Lanka Podujana Peramuna (SLPP), a party founded by his uncle, Basil Rajapaksa. Despite being a newcomer to the presidential race, Namal faces the challenge of uniting his party to maintain its influence against Wickremesinghe’s campaign.
Lastly, there is Nuwan Bopage, a 40-year-old candidate from the Peoples' Struggle Alliance (PSA). He aims to harness the energy of the recent mass protests that led to the ousting of Gotabaya Rajapaksa. Bopage is known for his strong anti-corruption stance and opposition to Sri Lanka's involvement with the IMF. His focus on pro-poor policies resonates with many voters seeking change.
As Sri Lanka heads toward this significant election, the outcome will determine the future direction of the nation’s economic reforms and governance. The election is not just about choosing a president; it is about selecting a leader who can guide the country through recovery and towards stability. With a mix of seasoned politicians and fresh faces, the voters have a range of choices that reflect diverse visions for Sri Lanka’s future.
The upcoming election represents a critical juncture for Sri Lanka. As the nation strives to rebuild from its economic troubles, the candidates’ platforms will play a vital role in shaping the path ahead.
Whether it is continuity under Wickremesinghe or a shift towards new leadership with Premadasa, Dissanayake, Rajapaksa, or Bopage, the voters' decision will undoubtedly have lasting implications for the island nation.