Game
Bearish week on PSX despite IMF deal
字号+ Author: Source:Game 2025-01-16 06:48:39 I want to comment(0)
COLOMBO: Sri Lanka imposed a night curfew across the country on Saturday despite a peaceful presiden
COLOMBO: Sri Lanka imposed a night curfew across the country on Saturday despite a peaceful presidential election that is effectively a referendum on an unpopular IMF bailout. Police announced the eight-hour curfew shortly after the independent Election Commission said Saturday’s poll was the most peaceful in the country’s electoral history. President Ranil Wickremesinghe, who is facing an uphill battle to retain power, imposed the unexpected travel restriction “as an additional measure to protect people”, police said in a statement. It urged people to remain indoors. Earlier in the day, the government declared Monday a special public holiday. Results of Saturday’s election are expected on Sunday. Turnout was at an estimated 75 per cent when polling stations closed after nine hours of balloting, an election official said, citing provisional figures. The record for voter turnout in a Sri Lankan presidential election was set in 2019 with 83.72 per cent. Wickremesinghe is seeking re-election to continue belt-tightening measures that stabilised the economy and ended months of food, fuel and medicine shortages after Sri Lanka’s worst economic meltdown in 2022. His two years in office restored calm to the streets after civil unrest spurred by the downturn saw thousands storm the compound of his predecessor Gotabaya Rajapaksa, who fled the country as anger mounted. “I’ve taken this country out of bankruptcy,” Wickremesinghe, 75, said after casting his ballot. But Wickremesinghe’s tax hikes and other measures, imposed under the terms of a $2.9-billion IMF bailout, have left millions struggling to make ends meet. “The country has been through a lot,” lawyer and musician Soundarie David Rodrigo told AFP after casting her vote in Colombo.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
Unconstitutional package
2025-01-16 06:34
-
Israeli strike kills seven in Gaza school compound, Palestinian medics say
2025-01-16 05:20
-
Exports rise 14pc in July-September
2025-01-16 05:04
-
Iran says Hezbollah leader’s ‘path to continue’ despite his killing
2025-01-16 04:48
User Reviews
Recommended Reads
Hot Information
- Notices on defamation law challenge plea
- PHOTOS: Israeli Prime Minister Benjamin Netanyahu addresses the UN General Assembly
- London Marathon raises record 73.5m pounds
- Met Office warns of dengue outbreak in October
- Digital gagging
- Need to promote country’s rich heritage stressed
- Harking back: Hadood-al-Alam and the way Lahore meanders on
- Minor girl tortured by stepmother
- Rare falcon rescued from poachers
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content