Sri Lanka president's coalition wins two-thirds majority in parliament

The party of Sri Lanka’s new Marxist-leaning President Anura Kumara Dissanayake has won a two-thirds majority in parliament, according to official election results Friday, providing a strong mandate for his programme for economic revival.

Dissanayake’s National People’s Power Party won 159 of the 225 seats, according to the Elections Commission.

The Samagi Jana Balawegaya, or United People's Power Party, led by opposition leader Sajith Premedasa had 40 seats.

Dissanayake was elected president on September 21 in a rejection of traditional political parties that have governed the island nation since its independence from British rule in 1948.

But he received just 42 percent of the votes, fueling questions over his party’s outlook in Thursday’s parliamentary elections. But the party received a large increase in support less than two months into his presidency.

Tamil attitude shift

The victory in Jaffna marks a great dent for traditional ethnic Tamil parties that have dominated the politics of the north since independence.

It is also a major shift in the attitude of Tamils, who have long been suspicious of majority ethnic Sinhalese leaders. Ethnic Tamil rebels fought an unsuccessful civil war in 1983-2009 to create a separate homeland, saying they were being marginalised by governments controlled by Sinhalese.

According to conservative UN estimates, more than 100,000 people were killed in the conflict.

Veeragathy Thanabalasingham, a Colombo-based political analyst, said northern voters chose the NPP because they could not find a local alternative to traditional Tamil political parties, with which they were disillusioned.

“The Tamil parties were divided and contested separately, and as a result the Tamil people's representation is scattered,” he said.

Parliament seat allocation

Of the 225 seats in parliament, 196 were up for grabs under Sri Lanka’s proportional representative electoral system, which allocates seats in each district among the parties according to the proportion of the votes they get.

The remaining 29 seats — called the national list seats — are allocated to parties and independent groups according to the proportion of the total votes they receive countrywide.

The election comes at a decisive time for Sri Lankans, as the island nation is struggling to emerge from its worst economic crisis, having declared bankruptcy after defaulting on its external debt in 2022.

The country is now in the middle of a bailout programme with the International Monetary Fund , with debt restructuring with international creditors nearly complete.

Dissanayake said during the presidential campaign that he planned to propose significant changes to the targets set in the IMF deal, which his predecessor, Ranil Wickremesinghe, signed, saying it placed too much burden on the people. However, he has since changed his stance and says Sri Lanka will go along with the agreement.

Sri Lanka’s crisis was largely the result of economic mismanagement combined with fallout from the Covid-19 pandemic, which along with 2019 militant attacks devastated its important tourism industry. The pandemic also disrupted the flow of remittances from Sri Lankans working abroad.

The government also slashed taxes in 2019, depleting the treasury just as the virus hit. Foreign exchange reserves plummeted, leaving Sri Lanka unable to pay for imports or defend its currency, the rupee.

Sri Lanka’s economic upheaval led to a political crisis that forced then-President Gotabaya Rajapaksa to resign in 2022. Parliament then elected Wickremesinghe to replace him.

The economy was stabilised, inflation dropped, the rupee strengthened and foreign reserves increased under Wickremesinghe.