Sri Lanka Leftist President Takes Office as IMF Worries Grow

  • Dissanayake won most votes after country’s first-ever runoff
  • He’s promised to renegotiate loan conditions under IMF bailout
WATCH: Dan Strumpf reports from Colombo on Sri Lanka’s presidential election.Source: Bloomberg
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Sri Lanka’s new leftist president was sworn into office Monday after ousting the country’s elites who voters had blamed for bankrupting the nation and imposing harsh austerity measures linked to an International Monetary Fund bailout.

Anura Kumara Dissanayake, popularly known as AKD, took his oath of office in Colombo on Monday, vowing to work with others to achieve his goals of clean governance.