Sri Lanka plans to postpone elections due to bankruptcy

According to a senior official, bankrupt Sri Lanka plans to postpone the municipal elections scheduled for next month, which sparked opposition rallies on Tuesday and the adjournment of parliament.

The vote on March 9 was intended to be a significant indicator of public support for President Ranil Wickremesinghe, who was elected in July following months of unrest over a catastrophic economic situation.

Elections, according to the president, are not conceivable since there is not enough state revenue to cover salaries, pensions, and the maintenance of basic services.

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