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Sri Lankans elect Marxist-leaning Dissanayake as president to fix economy

About 75% of the 17 million eligible voters cast their ballots, according to the election commission.

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Sri Lankans elected Marxist-leaning Anura Kumara Dissanayake as new president on Sunday, putting faith in his pledge to fight corruption and bolster a fragile economic recovery following the South Asian nation's worst financial crisis in decades, Reuters reported.

Dissanayake, 55, who does not possess political lineage like some of his rivals in the presidential election, led from start to finish during the counting of votes, knocking out incumbent President Ranil Wickremesinghe and opposition leader Sajith Premadasa.

"We believe that we can turn this country around, we can build a stable government... and move forward. For me this is not a position, it is a responsibility," Dissanayake told reporters after his victory which was confirmed after a second tally of votes.

The election was a referendum on Wickremesinghe, who led the heavily indebted nation's fragile economic recovery from an economic meltdown but the austerity measures that were key to this recovery angered voters. He finished third with 17% of the votes, read the report.

"Mr. President, here I handover to you with much love, the dear child called Sri Lanka, whom we both love very dearly," Wickremesinghe, 75, said in a statement conceding defeat.

Dissanayake polled 5.6 million or 42.3% of the votes, a massive boost to the 3% he managed in the last presidential election in 2019. Premadasa was second at 32.8%.

It was the first time in the Indian Ocean island's history that the presidential race was decided by a second tally of votes after the top two candidates failed to win the mandatory 50% of votes to be declared winner.

Under the electoral system, voters cast three preferential votes for their chosen candidates. If no candidate wins 50% in the first count, a second tally determines the winner between the top two candidates, using the preferential votes cast, Reuters reported.

About 75% of the 17 million eligible voters cast their ballots, according to the election commission.

This was the country's first election since its economy buckled in 2022 under a severe foreign exchange shortage, leaving it unable to pay for imports of essentials including fuel, medicine and cooking gas. Protests forced then-President Gotabaya Rajapaksa to flee and later resign.

Dissanayake presented himself as the candidate of change for those reeling under austerity measures linked to a $2.9 billion International Monetary Fund bailout, promising to dissolve parliament within 45 days of taking office for a fresh mandate for his policies in general elections.

"The election result clearly shows the uprising that we witnessed in 2022 is not over," said Pradeep Peiris, a political scientist at the University of Colombo.

"People have voted in line with those aspirations to have different political practices and political institutions. AKD (as Dissanayake is popularly known) reflects these aspirations and people have rallied around him."

Dissanayake has worried investors with a manifesto pledging to slash taxes, which could impact IMF fiscal targets, and a $25 billion debt rework. But during campaigning, he took a more conciliatory approach, saying all changes would be undertaken in consultation with the IMF and that he was committed to ensuring repayment of debt, read the report.

Buttressed by the IMF deal, Sri Lanka's economy has managed a tentative recovery. It is expected to grow this year for the first time in three years and inflation has moderated to 0.5% from a crisis peak of 70%.

But the continued high cost of living was a critical issue for many voters as millions remain mired in poverty and many pinned hopes of a better future on the next leader.

Dissanayake ran as a candidate for the National People's Power alliance, which includes his Marxist-leaning Janatha Vimukthi Peremuna party.

Although JVP has just three seats in parliament, Dissanayake's promises of tough anti-corruption measures and more policies to support the poor boosted his popularity.

He will have to ensure Sri Lanka sticks with the IMF programme until 2027 to get its economy on a stable growth path, reassure markets, repay debt, attract investors and help a quarter of its people out of poverty.

"Root cause for the downfall of this country is bad management. We have a strong feeling if we have a good manager to rule this country... we can be successful in future," said Janak Dias, 55, a real estate businessmen.

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Pakistan dismisses US official’s warning over missile programme as unfounded

Earlier this week, U.S. Deputy National Security Adviser Jon Finer said Pakistan’s development of long-range ballistic missiles made it an “emerging threat”.

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Pakistan's Foreign Ministry on Saturday dismissed as unfounded and "devoid of rationality" assertions by a senior U.S. official that its missile programme could eventually pose a threat to the United States, Reuters reported.

Earlier this week, U.S. Deputy National Security Adviser Jon Finer said Pakistan's development of long-range ballistic missiles made it an "emerging threat".

Finer's comments, which came a day after Washington announced a new round of sanctions related to the ballistic missile programme, underscored the deterioration in once-close ties between Washington and Islamabad since the 2021 U.S. troop withdrawal from Afghanistan.

Addressing Finer's remarks, Pakistan's Foreign Ministry said the perception of an alleged threat was "unfortunate".

"These allegations are unfounded, devoid of rationality and sense of history," the ministry added in a statement.

The ministry said its strategic capabilities were solely for defending its sovereignty and maintaining regional stability, and should not be perceived as a threat to any other country.

It also highlighted Pakistan's long history of cooperation with the U.S., particularly in counter-terrorism efforts, and reiterated its commitment to engaging constructively on all issues, including regional security and stability, read the report.

Relations between the United States and Pakistan have seen significant ups and downs. The countries collaborated during the Cold War and in the fight against al Qaeda after 9/11.

However, ties have been strained due to coups in the South Asian country by Pakistan's military, support for the Taliban's 1996-2001 rule in Afghanistan, and over the nuclear weapons programme.

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Militants in northwest Pakistan kill 16 security personnel

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Sixteen security personnel were killed in northwest Pakistan in an attack by militants, Reuters reported citing the deputy superintendent of police.

"According to our information, 16 security personnel were martyred and eight injured in this attack. A search operation is under way in the area," said Hidayat Ullah, deputy superintendent of police in South Waziristan.

 

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Pakistan’s missile program is ’emerging threat’, top US official says

Speaking to the Carnegie Endowment for International Peace, Finer said Pakistan has pursued “increasingly sophisticated missile technology, from long-range ballistic missile systems to equipment, that would enable the testing of significantly larger rocket motors.”

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A senior White House official on Thursday said nuclear-armed Pakistan is developing long-range ballistic missile capabilities that eventually could allow it to strike targets well beyond South Asia, making it an "emerging threat" to the United States.

Deputy National Security Adviser Jon Finer's surprise revelation underscored how far the once-close ties between Washington and Islamabad have deteriorated since the 2021 U.S. troop withdrawal from Afghanistan, Reuters reported.

It also raised questions about whether Pakistan has shifted the objectives of nuclear weapons and ballistic missile programs long intended to counter those of India, with which it has fought three major wars since 1947.

Speaking to the Carnegie Endowment for International Peace, Finer said Pakistan has pursued "increasingly sophisticated missile technology, from long-range ballistic missile systems to equipment, that would enable the testing of significantly larger rocket motors."

If those trends continue, Finer said, "Pakistan will have the capability to strike targets well beyond South Asia, including in the United States."

The number of nuclear-armed states with missiles that can reach the U.S. homeland "is very small and they tend to be adversarial," he continued, naming Russia, North Korea and China.

"So, candidly, it's hard for us to see Pakistan's actions as anything other than an emerging threat to the United States," Finer said.

His speech came a day after Washington announced a new round of sanctions related to Pakistan's ballistic missile development program, including for the first time against the state-run defense agency that oversees the program.

The Pakistani embassy did not immediately respond to a request for comment.

Islamabad casts its nuclear weapons and ballistic missile programs as deterrents against Indian aggression and intended to maintain regional stability.

Two senior administration officials, speaking on condition of anonymity, said that the U.S. concerns with Pakistan's missile program have been long-standing and stemmed from the sizes of the rocket engines being developed.

The threat posed to the United States is up to a decade away, said one official.

Finer's comments, the officials said, were intended to press Pakistani officials to address why they are developing more powerful rocket engines, something they have refused to do.

"They don't acknowledge our concerns. They tell us we are biased," said the second U.S. official, adding that Pakistani officials have wrongly implied that U.S. sanctions on their missile program are intended "to handicap their ability to defend against India."

Finer included himself among senior U.S. officials who he said repeatedly have raised concerns about the missile program with top Pakistani officials to no avail.

Washington and Islamabad, he noted, had been "long-time partners" on development, counter-terrorism and security.

"That makes us question even more why Pakistan will be motivated to develop a capability that could be used against us."

Pakistan has been critical of warm ties U.S. President Joe Biden has forged with its long-time foe India, and maintains close ties with China. Some Chinese entities have been slapped with U.S. sanctions for supplying Islamabad's ballistic missile program.

It conducted its first nuclear weapons test in 1998 - more than 20 years after India's first test blast - and has built an extensive arsenal of ballistic missiles capable of lofting nuclear warheads.

The Bulletin of the American Scientists research organization estimates that Pakistan has a stockpile of about 170 warheads.

U.S.-Pakistani relations have undergone major ups and downs, including close Cold War ties that saw them support Afghan rebels against the 1979-89 Soviet occupation of Afghanistan.

Pakistan also was a key partner in the U.S. fight against al Qaeda following the Sept. 11, 2001, attacks on the United States, and has been a major non-NATO ally since 2004.

But ties also have been hurt by coups staged by the Pakistani military, its support for the Islamic Emirate's 1996-2001 rule and its nuclear weapons program.

Several experts said Finer's speech came as a major surprise.

"For a senior U.S. official to publicly link concerns about proliferation in Pakistan to a future direct threat to the U.S. homeland - this is a mighty dramatic development," said Michael Kugelman of the Wilson Center think tank.

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