Sajith Premadasa, the leader of Sri Lanka's main opposition party, is a frontrunner in Saturday's presidential election and a win will hand him the top job more than 30 years after his father was assassinated while holding the same post.

With 38 candidates in the race, Premadasa is polling second at 32%, according to the Sri Lanka Opinion Tracker Survey, trailing Anura Kumara Dissanayake at 36% and ahead of President Ranil Wickremesinghe at 28%.

Sajith Premadasa, the leader of Sri Lanka’s main opposition party, is a frontrunner in Saturday’s presidential election. A win would see him assume the presidency more than 30 years after his father,

Three decades after his father was assassinated as Sri Lanka's leader, opposition chief Sajith Premadasa is a top contender to take on the role in this week's presidential elections.

Sri Lanka's opposition leader contesting the presidential election next week said Thursday that if he comes to power he will renegotiate with the International Monetary Fund the 2022 economic reforms package to ensure that the rich pay more taxes and the poor see their conditions improve.

Sri Lankans will vote on Saturday for their next president, who will be key to deciding the future of reforms in a nation slowly emerging from worst financial crisis in decades. A critical shortfall in foreign exchange in 2022 pushed Sri Lanka's economy into the worst financial freefall in decades.

Sri Lankans who usually vote along religious and ethnic lines will be keeping another factor in mind when they vote Saturday on a new president

President Ranil Wickremesinghe charted a path for Sri Lanka out of its worst financial crisis in decades, but the austerity measures that were key to this recovery may hinder his bid to return to his job in Saturday's presidential election.

As Sri Lanka sank into economic collapse in 2022, people from various walks of life rallied to change a long-entrenched government they saw as responsible. The unprecedented island-wide public uprising they led was a moment of hope for the country long been fatigued by war and economic instability.

Sri Lanka’s president said reopening talks with the International Monetary Fund over a bailout program would represent the biggest threat to the island nation’s economy, hitting back at his opponents who have pledged fresh dialogue with the lender.

The economy, which collapsed in 2022 after a severe shortage of dollars, is one of the key issues for voters, who have struggled with inflation that soared to as much as 70%, a battered currency and power tariffs that jumped 65%.