Sri Lanka sets September date for presidential election
Sri Lanka's presidential election was set for September 21, ending speculation of postponement. Nominations are open on August 15. The election follows President Gotabaya Rajapaksa's ousting in 2022 due to economic turmoil. Incumbent Ranil Wickrem...

The government gazette no 2394/51 issued today said in terms of article 31 (3) of the constitution the election would take place on September 21 while the nominations would be accepted on August 15.
The election announcement set to end the balance term of President Gotabaya Rajapaksa, who was ousted mid 2022 in a popular public uprising. Rajapaksa had been elected with a record near 7 million votes in November 2019 when the last presidential election was held.
Tens of thousands who got into the streets early 2022 demanded Rajapaksa to step down for his failure to tackle the island's gravest economic crisis since 1948.
Rajapaksa was forced to flee the country on July 9, 2022 and incumbent Ranil Wickremesinghe who was the crisis prime minister was elected through parliament to succeed Rajapaksa.
Wickremesinghe undertook the difficult task of reviving the bankrupt economy by tapping a bail out facility from the IMF.
India provided Sri Lanka with a life line of 4 billion dollars in the first quarter of 2022 which paid for food and essentials imports in the balance of payment crisis.
By mid April Sri Lanka had declared its first sovereign default. A year later came the IMF first tranche of the near 3 billion facility to be extended over 4 years.
However, the stringent reforms attached to the program made the government unpopular.
Wickremesinghe stood firm in his commitment to implement reforms and has vowed to steer the country out of bankruptcy.
He is expected to vie for his return as the president.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.