Displaying items by tag: Anura Dissanayake

Anura Kumara Dissanayake has been elected as Sri Lanka’s new president, marking a shift in leadership following the country’s worst financial crisis in decades. Dissanayake, 55, from the Marxist-leaning JVP party, won 42.3% of the vote, defeating the incumbent president Ranil Wickremesinghe and opposition leader Sajith Premadasa. Wickremesinghe, whose austerity measures were key to economic recovery, finished third with 17%, while Premadasa secured 32.8%. Dissanayake campaigned as a candidate for change, promising anti-corruption measures, lower taxes, and pro-poor policies. He also pledged to dissolve parliament within 45 days and address the $25 billion debt in consultation with the IMF. His victory comes as Sri Lanka’s economy shows signs of recovery, with inflation dropping and growth expected for the first time in three years. However, the continued high cost of living remains a pressing issue for voters, many of whom hope Dissanayake will bring relief.