BR100 Decreased By (-0.91%)
BR30 Decreased By (-1.47%)
KSE100 Decreased By (-0.78%)
KSE30 Decreased By (-0.75%)
AGHA 6.67 Decreased By ▼ -0.01 (-0.15%)
BECO 4.35 Decreased By ▼ -0.02 (-0.46%)
BML 56.17 Decreased By ▼ -1.15 (-2.01%)
BOP 30.12 Decreased By ▼ -0.23 (-0.76%)
CNERGY 12.98 Decreased By ▼ -0.14 (-1.07%)
CSIL 5.31 Decreased By ▼ -0.10 (-1.85%)
FCCL 51.65 Decreased By ▼ -1.14 (-2.16%)
FFL 14.49 Decreased By ▼ -0.23 (-1.56%)
FNEL 1.21 Increased By ▲ 0.09 (8.04%)
KEL 6.06 Decreased By ▼ -0.03 (-0.49%)
KOSM 5.84 Increased By ▲ 0.11 (1.92%)
LOTCHEM 26.17 Decreased By ▼ -0.29 (-1.1%)
MLCF 91.23 Decreased By ▼ -1.93 (-2.07%)
NBP 164.19 Decreased By ▼ -0.47 (-0.29%)
NCPL 53.18 Decreased By ▼ -2.48 (-4.46%)
NPL 59.12 Decreased By ▼ -2.04 (-3.34%)
OGDC 313.39 Decreased By ▼ -3.34 (-1.05%)
PACE 9.77 Decreased By ▼ -0.10 (-1.01%)
PAEL 35.24 Decreased By ▼ -0.39 (-1.09%)
PIBTL 14.71 Increased By ▲ 0.03 (0.2%)
PPL 221.36 Decreased By ▼ -5.55 (-2.45%)
PRL 91.22 Decreased By ▼ -1.80 (-1.94%)
PTC 59.19 Decreased By ▼ -1.07 (-1.78%)
SSGC 23.30 Decreased By ▼ -0.51 (-2.14%)
TBL 8.75 No Change ▼ 0.00 (0%)
TELE 7.61 Decreased By ▼ -0.19 (-2.44%)
TPL 22.03 Decreased By ▼ -0.32 (-1.43%)
TPLP 12.56 Decreased By ▼ -0.41 (-3.16%)
TREET 21.73 Decreased By ▼ -0.43 (-1.94%)
TRG 55.79 Decreased By ▼ -0.77 (-1.36%)
World

Sri Lanka again delays local polls, defying court order

Published Updated
By

COLOMBO: Sri Lanka again postponed local polls on Tuesday in defiance of a court order, delaying a de facto referendum on President Ranil Wickremesinghe’s efforts to restore the bankrupt island nation’s finances.

The elections were originally slated for last month but Wickremesinghe’s administration refused to finance them, saying the money was needed to pay for salaries and pensions.

His government was rebuked by the Supreme Court and ordered to release the funds for a rescheduled vote on April 25, but so far that has not happened.

Bankrupt Sri Lanka hikes power prices again for IMF deal

The delayed polls are to pick local councillors but would be the first electoral test for Wickremesinghe since he took office.

“A new date will be announced if a firm date is given by the government to release the necessary funds or there is another decision of the Supreme Court,” the election commission said in a brief statement.

Sri Lanka suffered acute shortages of food, fuel and pharmaceuticals along with lengthy blackouts last year as a result of the worst economic crisis since independence from Britain in 1948.

Months of protests and political upheaval culminated last July in the ouster of Wickremesinghe’s predecessor Gotabaya Rajapaksa after an angry crowd stormed his compound.

The polls are widely seen as a referendum on unpopular austerity measures implemented to satisfy the terms of an International Monetary Fund bailout, including a doubling of income taxes and a sharp rise in energy tariffs.

Opposition lawmakers have accused Wickremesinghe of using the economic crisis as an excuse to sabotage democracy by delaying the election.

Comments

Comments are closed for this article.