Sri Lankans are heading to the polls in a crucial parliamentary election on Thursday, as the country's new president aims to solidify his party's power and deliver on pledges of economic revival.
The president, who won the election in September, is seeking to secure a majority in Parliament to implement his proposed reforms. However, concerns have been raised due to his party's performance in the previous election.
The National People’s Power party, a relatively new player in Sri Lankan politics, faces the challenge of competing against well-established parties with experienced candidates. The election will determine the allocation of 196 seats through a proportional representative electoral system, with an additional 29 national list seats distributed based on total votes received nationwide.
With over 8,800 candidates vying for parliamentary seats, the main competition comes from the United People's Power party led by the runner-up in the presidential election.
The outcome of the election will have significant implications for the country, which is grappling with its worst economic crisis and ongoing debt restructuring efforts. The president, who initially opposed certain IMF targets, has now indicated a willingness to comply with the agreement.
Sri Lanka's economic challenges stem from a combination of mismanagement, the impact of the COVID-19 pandemic, and disruptions to key industries like tourism. Previous tax cuts and dwindling foreign reserves further exacerbated the situation, leading to a political crisis and change in leadership.
The current president's anti-corruption stance and promises to recover stolen assets have resonated with the public, offering hope for accountability and economic recovery.
Election results are expected to be announced on Friday, marking a pivotal moment for Sri Lanka's future direction and recovery efforts.
