Sri Lanka’s presidential election a test for current leader, 2 years after its economy hit bottom
COLOMBO, Sri Lanka (AP) — Two years ago, food cart worker Fathima Shiyama had to wait in line, sometimes for days, to get cooking gas, fuel and other essentials. It was a test of patience for her and millions of other Sri Lankans as their country languished in economic and political chaos.
Since then, under President Ranil Wickremesinghe, the South Asian island nation’s economy has begun a fragile recovery. As the country gears up for a crucial presidential vote, key economic indicators have improved and there are no shortages of food and fuel. Inflation is almost under control after peaking at 70%.
Sri Lankans who usually vote along religious and ethnic lines will be keeping the state of the economy in mind when they vote Saturday on a new president. Many are still struggling, borrowing money or leaving the country to cope with rising living costs and limited opportunities.
Shiyama says she isn’t still earning enough to cover her monthly expenses and pay for her ailing daughter’s medical tests. In desperation, she has turned to borrowing from loan sharks at an exorbitant 20% interest rate.
“We are trying our best to survive despite many difficulties,” said the 48-year-old mother of five, as she was selling “string hopper” noodles and coconut “pittu,” popular traditional dinner items, from a cart on the outskirts of Colombo.
Over 50 countries go to the polls in 2024
- The year will test even the most robust democracies. Read more on what’s to come here.
- Take a look at the 25 places where a change in leadership could resonate around the world.
- Keep track of the latest AP elections coverage from around the world here.
As Sri Lanka sank into economic collapse in 2022, a popular uprising led its then president Gotabaya Rajapaksa