BS EDIT: A new chapter in Sri Lanka politics

By Business StandardPublished On Sep 24, 2024

Breaking political tradition

A K Dissanayake of the JVP has become Sri Lanka's President, breaking away from decades of centre-right and centre-left dominance

A three-way contest

Dissanayake won through second-preference votes in a three-cornered race against Ranil Wickremesinghe and Sajith Premadasa

Challenges ahead

Sri Lanka's economy remains fragile after nearing default, with IMF-backed austerity measures sparking domestic unrest and increasing poverty

Nationalism and extremism

Concerns surround Dissanayake’s links to Sinhala nationalism and his support for protecting Sri Lanka’s military from war-crime investigations

India's response

India has reached out to Dissanayake, despite concerns over his party’s pro-China stance. He has expressed interest in economic reforms and export promotion

What lies ahead

With potential parliamentary elections on horizon, Sri Lanka's future trajectory under Dissanayake’s leadership will soon become clearer