The Pak Banker

Bankrupt Sri Lanka to hold first polls since crisis

- COLOMBO

Crisis-hit Sri Lanka Wednesday announced its first nationwide elections since its president fled and resigned in the face of widespread protests, in what will be a test of popularity for his successor.

Local govt polls will be held before the end of February, officials said, after they were delayed by a year due to the pandemic.

President Ranil Wickremesi­nghe, who replaced his deposed predecesso­r Gotabaya Rajapaksa, faces potential embarrassm­ent in the vote, as he was his party's sole representa­tive in parliament.

Months of acute shortages of food, fuel and electricit­y since late 2021 led to mass agitation against Rajapaksa's administra­tion which defaulted on the country's $46b external debt in April.

The 73-year-old Wickremesi­nghe, a sixtimes prime minister, won a parliament­ary vote to replace Rajapaksa with the backing of Rajapaksa's SLPP party, but has no popular mandate. He has reversed tax cuts ordered by his predecesso­r and raised prices across the board as inflation peaked at a near 70 percent record.

Wickremesi­nghe has also ordered a crackdown against anti-government protests. At the last local elections in 2018, his United National Party won just 10pc of the 340 councils, while conceding 231 to the SLPP.

He has attempted to stall the polls, saying the bankrupt country cannot afford to spend the 10 billion rupees ($27.6m) they would cost, but the independen­t Election Commission went ahead anyway. In a brief statement, the Election Commission said nomination­s for the more than 8,000 councillor positions would be open from January 18 to 21.

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