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Snapshot 4:Fri, Nov 15, 2024 12:39:42 PM GMT last edited by Vandita

Sri Lanka: Pres. Dissanayake's Coalition Wins Snap Polls

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Above: Pres. Anura Kumara Dissanayake leaves a polling station after casting his ballot to vote in Sri Lanka's parliamentary election in Colombo on Nov. 14, 2024. Image copyright: ISHARA S. KODIKARA/Contributor/AFP via Getty Images

The Facts

  • Sri Lanka held parliamentary elections on November 14, 2024, with 17.1 million registered voters choosing from 8,800 candidates to elect 225 parliamentarians through a mixed electoral system.In Thursday's snap elections, Pres. Anura Kumara Dissanayake's National People's Power (NPP) coalition secured 159 seats in Sri Lanka's 225-member parliament, exceeding a two-thirds majority.

  • President Anura Kumara Dissanayake's National People's Power party, which currently holds only three seats, seeks to secure 113 seats for a parliamentary majority to implement economic reforms.Out of 225 seats, 196 were to be directly elected, while 29 were to be allocated per proportional vote obtained by each party. The NPP won 141 seats through direct election and 18 through the National List.


The Spin

This election is a critical turning point for Sri Lanka. The sweeping mandate, including surprise backing from the minorities, is an unprecedented vote for change and grants Dissanayake greater power to implement anti-poverty and anti-corruption policies. The NPP represents a clean break from corrupt traditional politics and offers real systemic change through anti-corruption measures, economic reforms, and abolishing the executive presidency, which is essential for Sri Lanka's recovery from its longstanding financial crisis.

Dissanayake is a self-avowed Marxist, while his coalition has few leaders with governance and policy-making experience. The rapid rise of an inexperienced NPP leadership threatens stability and economic recovery, aswhile many candidates lack political experience and their Marxist-leaning policies could jeopardize the IMF agreement and international debt restructuring efforts. Sri Lanka's economic situation remains precarious — how the country progresses from this point and carries through the reforms while navigating international commitments will be a real challenge for the new government.


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