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Cake day: December 17th, 2023

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  • Since his rise to popularity, however, he has softened some policies, saying he believes in an open economy and is not totally opposed to privatisation.

    Dissanayake had campaigned on a pledge to renegotiate a controversial US$2.9 billion International Monetary Fund (IMF) bailout secured by his predecessor.

    But since taking office, he has resolved to maintain the existing agreement with the international lender.

    The country’s main private sector lobby, the Ceylon Chamber of Commerce, has tacitly supported Dissanayake and his programme.

    Yeah, not a good sign… This WSWS article on him doesn’t exactly inspire hope either.