Skip to content

Sri Lanka Parliament Voting for New President to Steer Economy

  • Three-way race for president expected in the legislature
  • Country needs stability as it negotiates with IMF for bailout
Video player cover image
Sri Lanka’s New President Calls for Unity
Updated on

Sri Lanka’s lawmakers cast their votes for a new president Wednesday to replace Gotabaya Rajapaksa, who fled the country and resigned in the face of escalating protests over the worst economic crisis since independence. 

A three-way contest has emerged for the next leader with two of the candidates linked to factions in Rajapaksa’s ruling party. This suggests the former leader and his powerful family will continue to have some sway over the incoming government as it negotiates with the International Monetary Fund for urgent loans.