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Which presidential candidate do Jewish Americans support for peace in the Middle East?

Analysis Which presidential candidate do Jewish Americans support for peace in the Middle East?
Supporters of both parties are switching their traditional allegiances just days before the election. (AFP) (AFP)
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Updated 29 October 2024

Which presidential candidate do Jewish Americans support for peace in the Middle East?

Which presidential candidate do Jewish Americans support for peace in the Middle East?

LONDON: On Oct. 7, the first anniversary of the Hamas-led attack on Israel, Democratic presidential candidate Kamala Harris and her Jewish husband Doug Emhoff planted a small pomegranate tree in the grounds of the vice president’s residence at the US Naval Observatory.

The solemn occasion, and the tree itself, was freighted with symbolic meaning.

In Judaism, the fruit of the pomegranate tree is a symbol of righteousness and hope, traditionally served on Rosh Hashanah, the Jewish new year. The fruit is said to contain 613 seeds — exactly the same number of the commandments, or mitzvot, found in the Torah, the first five books of the Hebrew Bible.

Harris, who said she was planting the tree to remind future vice presidents “not only of the horror of Oct. 7, but (also) of the strength and endurance of the Jewish people,” dedicated it “to the 1,200 innocent souls who, in an act of pure evil, were massacred by Hamas terrorists.”

A few weeks earlier, her rival Donald Trump had made an altogether less subtle pitch for the votes of Jewish Americans. Addressing the Israeli-American Council summit in Washington at an event also held to commemorate Oct. 7, he told his audience that “anybody who’s Jewish and loves being Jewish and loves Israel is a fool if they vote for a Democrat.”

In fact, he added, any Jew who voted for Harris “should have your head examined.”




Trump said: “Anybody who’s Jewish and loves being Jewish and loves Israel is a fool if they vote for a Democrat.” (AFP)

In truth, with precious votes to be had from Jewish and Arab voters alike in the seven key battleground states of Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania and Wisconsin, both candidates are walking a tightrope between the regional sensibilities that could have such an impact on a presidential election taking place almost 10,000 km away.

And, as the recent Arab News-YouGov poll revealed, Arab American voters in particular are hard pressed to decide which of the two candidates, with their very different rhetorical styles, are likely to be better for the Middle East in general if elected president. Both Harris and Trump are each supported by exactly 38 percent of those polled.

As a mark of the general uncertainty about the real plans and intentions of either candidate once in office, supporters of both parties are switching their traditional allegiances just days before the election.

On Oct. 14, the Arab American Political Action Committee, which has consistently backed Democratic presidential nominees, announced that for the first time since its foundation in 1998 it would be endorsing neither candidate.

“Both candidates have endorsed genocide in Gaza and war in Lebanon,” AAPAC said in a statement. “We simply cannot give our votes to either Democrat Kamala Harris or Republican Donald Trump, who blindly support the criminal Israeli government.”

Meanwhile, Trump’s bravura performance at the Israeli American Council summit on Sept. 20, at which he cast himself as Israel’s “big protector” and suggested a Harris presidency would spell “annihilation” for the state, appears to have backfired.

Opinion

This section contains relevant reference points, placed in (Opinion field)


His comments earned rebukes from organizations including the Anti-Defamation League and the Jewish Council for Public Affairs.

Jonathan Greenblatt, CEO of the ADL, addressed Trump’s remarks in a statement, saying that “preemptively blaming American Jews for your potential election loss does zero to help American Jews (and) increases their sense of alienation in a moment of vulnerability.”

As if to illustrate just how tricky the electoral tightrope is, strung as it is against the background of events in the Middle East, a poll commissioned by the Jewish Democratic Council of America at the beginning of October found that 71 percent of Jewish voters in the seven battleground states intended to vote for Harris, with only 26 percent backing Trump.

This is an intriguing development, especially when set alongside the findings of the Arab News-YouGov poll, which found a similar swing away from traditional voting intentions among Arab Americans, a slim majority of whom intend to vote for Trump.

The slight majority support for Trump (45 percent vs. 43 percent for Harris) is despite the fact that 40 percent of those polled described themselves as natural Democrats, and only 28 percent as Republicans.

It reflects disappointment in the Arab American community at the perceived failure of the Biden-Harris administration to adequately rein in Israel or hold it to account. In 2020, 43 percent of respondents had backed Biden, with only 34 percent voting for Trump.




Kamala Harris and her Jewish husband Doug Emhoff planted a small pomegranate tree in the grounds of the vice president’s residence. (AFP)

As Firas Maksad, a senior fellow at the Middle East Institute in Washington D.C., told a recent edition of the Arab News podcast “Frankly Speaking,” “the fact that they are so evenly split is surprising, particularly given what’s been happening in Gaza and now Lebanon.

“You’d think that that would have an impact and would dampen the vote for somebody who is so staunchly pro-Israel, like Donald Trump, but clearly that’s not the case.”

With just days to go until the election, however, it remains almost impossible to say with any certainty which of the candidates would be best for the Middle East in general, and in particular for resolving the Israel-Palestine conflict.

Even the experts are struggling to predict how a Harris administration and a Trump administration might differ in their approach to the Middle East.

“When you dig a little deeper into things beyond our headlines, beyond our polarized politics, President Trump’s and Vice President Harris’ positions on a variety of important issues in the Middle East — whether it’s the two-state solution, whether it’s US policy toward Iran, whether it’s regarding human rights and promotion of democratic reform in the region — are not all that different from each other,” said Steven Cook, a senior fellow at the Council on Foreign Relations, speaking in a Foreign Policy magazine election debate on Monday.

“On the two-state solution they obviously have very different visions of what that would look like, based on President Trump’s ‘deal of the century’ that he tabled during his one term in office. But nevertheless, they’re both supportive of a two-state solution to bring the conflict between Israelis and Palestinians to an end.”

Similarly, although in 2018 Trump pulled out the Joint Comprehensive Plan of Action, the nuclear deal adopted by Iran and the P5+1 countries in 2015, both candidates now appear committed to reinvigorating it.

FASTFACTS

• A poll conducted in October by the conservative Manhattan Institute had Harris leading Trump 67% to 31% among likely Jewish voters.

• Polls of Jewish voters in 7 battleground states conducted for the Jewish Democratic Council of America had Harris leading Trump 71% to 26%.


“President Trump was often bellicose about Iran,” said Cook. “But his bellicosity hid the fact that what he was most interested in was putting pressure on the Iranians to bring them back to the negotiating table so that he can negotiate a better deal than the JCPOA.

“The administration that Vice President Harris has served has for the past two and a half years sought to draw the Iranians back into a JCPOA deal that would put limits on Iran’s nuclear program.

“So, on those big issues there may be a difference in style, a difference in rhetoric, but the ultimate policy goal of both candidates seems to me very much the same.”

Speaking in the same debate, Sanam Vakil, director of the Middle East and North Africa Program at the Chatham House policy institute, said that there were still many question marks hanging over Harris’ approach to the region.

“She’s very cautious; she’s a bit of a black box and so we can read whatever we want into her,” she said. “But there’s also no guarantee as to what will come out from President Trump (on) the Middle Eastern landscape.




“Both candidates have endorsed genocide in Gaza and war in Lebanon,” AAPAC said in a statement. (AFP)

“I think there is a lot of expectation that he will stop the war, because he has implied as much, and for a lot of leaders around the region, but more broadly for citizens across multiple Middle Eastern countries, this is urgent.

“They would like to see the violence coming to an end, regular humanitarian aid being delivered to Gaza, and, of course, the violence also stopped in Lebanon, and that is the expectation, that Trump is going to pick up the phone to Prime Minister Netanyahu and put an end to this conflict.”

There is also an anticipation that Trump “will try to find some way around his previous engagement in the region to invest in an Israeli-Saudi normalization process,” she said. “But here there’s a caveat.

“Over the past year and particularly over the past few weeks the Saudi leadership have made it very clear that normalization is going to be predicated not on a process but on (Palestinian) statehood, and so there will (have to) be negotiation on what all of that means.”

On Oct. 14, the Washington-based Council on Foreign Relations, an independent, non-partisan think tank, published a report comparing and contrasting the two candidates’ positions on a series of global issues, including Israel, Gaza and the Middle East.

Harris, it summarized, “backs Israel’s right to self-defense but has also been outspoken about the toll on Palestinian civilians amid the war between Israel and Hamas.”




Even the experts are struggling to predict how a Harris administration and a Trump administration might differ in their approach to the Middle East. (AFP)

As a result, many of her policy positions have been contradictory. For example, she called for an Israel-Hamas ceasefire in March, a month ahead of President Biden, criticized Israel’s leadership for the “humanitarian catastrophe” in Gaza and called for a two-state solution “where the Palestinians have security, self-determination and the dignity they so rightly deserve.”

She has also said Israel must bring to justice “extremist settlers” responsible for violent attacks against Palestinians in the West Bank.

Yet Harris has also said she “will always give Israel the ability to defend itself” and fully supports US military aid to Israel (worth more than $12 billion since Oct. 7, 2023), which she has vowed to continue providing if elected president.

In the past, Trump’s support for Israel, “a cherished ally,” has raised hackles across the region.

In 2017 he recognized Jerusalem as the capital of Israel and moved the US embassy there. In 2019 he reversed decades of US policy and recognized Israeli sovereignty over the Golan Heights, seized from Syria by Israel in 1967.

In 2020 his Abraham Accords were widely seen as favoring Israel and patronizing the Palestinians, while from an Arab perspective the fatal flaw in a two-state peace initiative he unveiled that same year was that it proposed granting Israel sovereignty over much of the occupied territories.

Trump’s “Peace to Prosperity: A vision to improve the lives of the Palestinian and Israeli people,” which he unveiled alongside Israeli Prime Minister Benjamin Netanyahu, received a mixed reaction.

It was rejected by the Arab League and denounced by President Mahmoud Abbas of the Palestinian Authority as a “conspiracy deal,” but received more positive reviews from Gulf states.




Harris has also said she “will always give Israel the ability to defend itself” and fully supports US military aid to Israel. (AFP)

The UAE’s ambassador to Washington called it “a serious initiative that addresses many issues raised over the years,” while Ƶ’s Ministry of Foreign Affairs said it “appreciates the efforts of President Trump’s administration to develop a comprehensive peace plan.”

The plan, three years in the making, was never implemented. Intriguingly, however, it remains on the shelf, an oven-ready initiative that would allow a new Trump administration to hit the ground running in pursuit of his claim that only he is capable of bringing peace to the region.

It was, perhaps, telling that in the middle of campaigning in the knife-edge presidential race, Trump took time out last week to give an exclusive interview to Saudi TV channel Al Arabiya — recalling that his first overseas trip as president in 2017 had been to the Kingdom.

“I want to see the Middle East get back to peace but peace that’s going to be a lasting peace and I feel really truly confident it’s going to happen, and I believe it’s going to happen soon,” he told Al Arabiya’s Washington bureau chief, Nadia Bilbassy-Charters.

He stressed his admiration for, and friendship with, the Saudi crown prince, adding: “I was respected over there and (had) great relationships with so many including (Crown Prince Mohammed bin Salman) and (if elected on Nov. 5) we’re going to get it done and it’s going to get done properly.”

The US election, he predicted, “is going to make a big difference.”

One way or the other, it certainly will.


World’s most polluting cities revealed at COP29 as frustration grows at fossil fuel presence

World’s most polluting cities revealed at COP29 as frustration grows at fossil fuel presence
Updated 17 sec ago

World’s most polluting cities revealed at COP29 as frustration grows at fossil fuel presence

World’s most polluting cities revealed at COP29 as frustration grows at fossil fuel presence
  • Cities in Asia and the United States emit the most heat-trapping gas that feeds climate change, and Shanghai is the most polluting
  • That’s according to new data that combines observations and artificial intelligence to quantify emissions around the world
BAKU: Cities in Asia and the United States emit the most heat-trapping gas that feeds climate change, with Shanghai the most polluting, according to new data that combines observations and artificial intelligence.
Nations at UN climate talks in Baku, Azerbaijan are trying to set new targets to cut such emissions and figure out how much rich nations will pay to help the world with that task. The data comes as climate officials and activists alike are growing increasingly frustrated with what they see as the talks’ — and the world’s — inability to clamp down on planet-warming fossil fuels and the countries and companies that promote them.
Seven states or provinces spew more than 1 billion metric tons of greenhouse gases, all of them in China, except Texas, which ranks sixth, according to new data from an organization co-founded by former US Vice President Al Gore and released Friday at COP29.
Using satellite and ground observations, supplemented by artificial intelligence to fill in gaps, Climate Trace sought to quantify heat-trapping carbon dioxide, methane and nitrous oxide, as well as other traditional air pollutants worldwide, including for the first time in more than 9,000 urban areas.
Earth’s total carbon dioxide and methane pollution grew 0.7 percent to 61.2 billion metric tons with the short-lived but extra potent methane rising 0.2 percent. The figures are higher than other datasets “because we have such comprehensive coverage and we have observed more emissions in more sectors than are typically available,” said Gavin McCormick, Climate Trace’s co-founder.
Plenty of big cities emit far more than some nations
Shanghai’s 256 million metric tons of greenhouse gases led all cities and exceeded those from the nations of Colombia or Norway. Tokyo’s 250 million metric tons would rank in the top 40 of nations if it were a country, while New York City’s 160 million metric tons and Houston’s 150 million metric tons would be in the top 50 of countrywide emissions. Seoul, South Korea, ranks fifth among cities at 142 million metric tons.
“One of the sites in the Permian Basin in Texas is by far the No. 1 worst polluting site in the entire world,” Gore said. “And maybe I shouldn’t have been surprised by that, but I think of how dirty some of these sites are in Russia and China and so forth. But Permian Basin is putting them all in the shade.”
China, India, Iran, Indonesia and Russia had the biggest increases in emissions from 2022 to 2023, while Venezuela, Japan, Germany, the United Kingdom and the United States had the biggest decreases in pollution.
The dataset — maintained by scientists and analysts from various groups — also looked at traditional pollutants such as carbon monoxide, volatile organic compounds, ammonia, sulfur dioxide and other chemicals associated with dirty air. Burning fossil fuels releases both types of pollution, Gore said.
This “represents the single biggest health threat facing humanity,” Gore said.
Climate talks wrestle with fossil fuel interests
Gore criticized the hosting of climate talks, called COPs, by Azerbaijan, an oil nation and site of the world’s first oil wells, and by the United Arab Emirates last year.
“It’s unfortunate that the fossil fuel industry and the petrostates have seized control of the COP process to an unhealthy degree,” Gore said. “Next year in Brazil, we’ll see a change in that pattern. But, you know, it’s not good for the world community to give the No. 1 polluting industry in the world that much control over the whole process.”
Brazil President Luiz Inácio Lula da Silva has called for more to be done on climate change and has sought to slow deforestation since returning for a third term as president. But Brazil last year produced more oil than both Azerbaijan and the United Arab Emirates, according to the US Energy Information Administration.
On Friday, former UN secretary-general Ban Ki-moon, former UN climate chief Christina Figueres and leading climate scientists released a letter calling for “an urgent overhaul” on climate talks.
The letter said the “global climate process has been captured and is no longer fit for purpose” in response to Azerbaijan’s president Ilham Aliyev saying that oil and gas are a “gift of the gods.”
UN Environment Programme Executive Director Inger Andresen said she understands much of the frustration in the letter calling for massive reform of the negotiation process, but said their push to slash emissions fits nicely with UN Secretary-General Antonio Guterres’ constant prodding.
One key benefit of the UN climate talks process is it is the only place where victim small island nations have an equal seat at the table, Andersen told The Associated Press. But the process has its limits because “the rules of the game are set by member states,” she said.
An analysis from the Kick Big Polluters Out coalition said Friday that the official attendance list of the talks featured at least 1,770 fossil fuel lobbyists.
At a press conference with small island nations chair Cedric Schuster said the negotiating bloc feels the need to remind everyone else why the talks matter.
“We’re here to defend the Paris agreement,” Schuster said, referring to the climate deal in 2015 to limit warming to 1.5 degrees Celsius (2.7 Fahrenheit). “We’re concerned that countries are forgetting that protecting the world’s most vulnerable is at the core of this framework.”

Daesh group gunmen kill politician in Pakistan

Daesh group gunmen kill politician in Pakistan
Updated 31 min 26 sec ago

Daesh group gunmen kill politician in Pakistan

Daesh group gunmen kill politician in Pakistan
  • Attackers escaped after shooting the Islamist politician in Bajaur district, near the border with Afghanistan where militants remain active

PESHAWAR, Pakistan: Gunmen from the regional branch of the Daesh group have killed a politician in northwest Pakistan, police and the militants said Friday.
“Jamaat-e-Islami Bajaur leader Sufi Hameed was leaving the mosque after offering prayers after sunset (Thursday) when two masked men on a motorcycle opened fire on him,” senior police official Waqar Rafiq said.
The official said the attackers escaped after shooting the Islamist politician in Bajaur district, near the border with Afghanistan where militants remain active.
Islamic State Khorasan (IS-K) said its “soldiers shot an official of the apostate political party,” in a message on Telegram.
The local chapter of the Daesh group accuses religious political parties of going against strict religious preachings and supporting the country’s government and the military.
IS-K has recently carried out several attacks against political parties, including a suicide bomb blast at a rally in Bajaur last year which killed at least 54 people including 23 children.
“In this year alone, they have killed at least 39 people in targeted attacks and bomb explosions” in Bajaur, a senior local security official said on the condition of anonymity.
In both Khyber Pakhtunkhwa province, where Bajuar is located, and Balochistan province in the southwest, armed Islamist or separatist groups regularly target security forces and state representatives.
Militants operating in Pakistan include Tehreek-e-Taliban Pakistan (TTP), the country’s homegrown Taliban group.
Pakistan has seen a sharp rise in militant attacks in regions bordering Afghanistan since the Taliban returned to power in the country in 2021.


Fire breaks out at a Spanish nursing home, killing at least 10 people

Fire breaks out at a Spanish nursing home, killing at least 10 people
Updated 41 min 50 sec ago

Fire breaks out at a Spanish nursing home, killing at least 10 people

Fire breaks out at a Spanish nursing home, killing at least 10 people
  • Authorities were alerted of the blaze early Friday morning in Villa Franca de Ebro
  • Fire took place just weeks after devastating flash floods in Valencia killed more than 200 people

MADRID: At least 10 people died in a blaze at a nursing home in Zaragoza, Spain, before firefighters managed to extinguish it, local authorities reported on Friday.
Authorities were alerted of the blaze early Friday morning in Villa Franca de Ebro, about 30 minutes from the northeastern city.
The cause of the fire was not yet known, local media reported.
Jorge Azcon, head of the regional government of Aragon, whose capital city is Zaragoza, confirmed the deaths and said on X, formerly Twitter, that all government events in the region were canceled for the day.
Spanish Prime Minister Pedro Sanchez also expressed his shock over the fire and deaths.
The fire took place just weeks after devastating flash floods in Valencia killed more than 200 people and destroyed thousands of homes. The floods were the worst natural disaster in Spain’s recent history.


South Korean opposition leader handed suspended jail term

South Korean opposition leader handed suspended jail term
Updated 15 November 2024

South Korean opposition leader handed suspended jail term

South Korean opposition leader handed suspended jail term
  • Case concerns statements Lee Jae-myung made on the campaign trail, when he narrowly lost to incumbent President Yoon Suk Yeol in 2022

SEOUL: A South Korean court handed the country’s opposition leader a suspended prison sentence Friday for violating election laws — a ruling that may prevent him from running in the next presidential election.
The Seoul Central District Court found Lee Jae-myung, the leader of the main opposition Democratic Party, guilty and handed him a suspended one-year jail term, a court spokesperson told AFP.
The case concerns statements Lee made on the campaign trail, when he narrowly lost to incumbent President Yoon Suk Yeol in 2022.
Prosecutors had asked for a two-year prison sentence, saying Lee made a false statement in a TV interview in December 2021 that made people think he did not know Kim Moon-ki, a key figure in a controversial development project.
Kim had been found dead days earlier, although police found no evidence of foul play.
Lee was also accused of lying during a parliamentary hearing in 2021 in connection with another controversial development in Seongnam, where he was previously mayor.
The court ruled that the fact Lee made false statements on TV “greatly amplified their impact and reach,” it said in the written verdict.
Supporters wept outside the court after the verdict was announced, and Lee immediately vowed to appeal.
“The verdict is very difficult to accept,” he said.
If it is upheld on appeal, Lee will be stripped of his parliamentary seat and prohibited from running for public office for the next five years — which would include the 2027 presidential election.
Lee is seen as a leading contender in South Korea’s upcoming presidential election, due for early 2027, but the 60-year-old faces a slew of legal cases.
His other trials relate to corruption involving the Seongnam development project, an illegal $8 million cash transfer to North Korea, and pressuring a former mayoral secretary to provide false court testimony in his favor.
A former child factory worker who suffered an industrial accident as a teenage school drop-out, Lee rose to political stardom partly by playing up his rags-to-riches tale.
But his bid for the top office has been overshadowed by a series of scandals. He has also faced scrutiny due to persistent rumors linking him to organized crime.
At least five individuals connected to Lee’s various scandals, including late official Kim, have been found dead, many in what appeared to be suicides.
In January, Lee was stabbed in the neck by an attacker — who said he wanted to prevent him from “becoming president.”
Despite strict legal time limits, Lee’s cases are moving slowly through the courts, and public, acrimonious, drawn-out appeals could cause “considerable chaos in the political landscape,” Shin Yul, professor of political science at Myongji University, said.
“The Democratic Party is set to significantly escalate its attacks on the ruling party,” in a bid to convince the public their leader is not guilty, he said.
“However, it is also probable that the South Korean public will not be entirely supportive of Lee Jae-myung. Once a one-year prison sentence is issued, most people are now likely perceive him as guilty.”


Sri Lankan president’s coalition wins majority in snap election

Sri Lankan president’s coalition wins majority in snap election
Updated 15 November 2024

Sri Lankan president’s coalition wins majority in snap election

Sri Lankan president’s coalition wins majority in snap election
  • Anura Kumara Dissanayake’s National People’s Power coalition won 137 seats of 196 for which direct elections were held

COLOMBO: Sri Lankan President Anura Kumara Dissanayake’s leftist coalition won a thumping victory in a snap general election, gaining power to push through his plans to fight poverty in the island nation recovering from a financial meltdown.

Dissanayake’s Marxist-leaning National People’s Power (NPP) coalition won 137 seats of 196 for which direct elections were held, a two-thirds majority, Friday’s ballot counting showed. Local media projected its tally would cross 150 in the 225-member parliament after more seats are distributed under a proportional seat distribution system.

That would give Dissanayake sweeping powers to even abolish the contentious executive presidency as he has planned.

While the clear mandate strengthens political stability in the South Asian country, some uncertainty on policy direction remains due to Dissanayake’s promises to try and tweak the International Monetary Fund (IMF) rescue program that bailed the country out of its economic crisis, analysts said.

Dissanayake, a political outsider in a country dominated by family parties for decades, comfortably won the island’s presidential election in September.

But his coalition had just three seats in parliament before Thursday’s snap election, prompting him to dissolve it and seek a fresh mandate.

The NPP secured almost 62 percent or almost 7 million votes in Thursday’s election, up from the 42 percent Dissanayake won in September, indicating that he had drawn more widespread support including from minorities and built on his victory.

“We see this as a critical turning point for Sri Lanka. We expect a mandate to form a strong parliament, and we are confident the people will give us this mandate,” Dissanayake said after casting his vote on Thursday.

“There is a change in Sri Lanka’s political culture that started in September, which must continue.”

Voters directly elect 196 members to parliament from 22 constituencies under a proportional representation system. The remaining 29 seats will be distributed according to the island-wide proportional vote obtained by each party.

TENTATIVE ECONOMIC RECOVERY

Celebrations were largely muted, with the exception of a few NPP loyalists who lit fireworks on the outskirts of the capital, Colombo.

The Samagi Jana Balawegaya party of opposition leader Sajith Premadasa, the main challenger to Dissanayake’s coalition, won 35 seats and the New Democratic Front, backed by previous President Ranil Wickremesinghe, won just three seats.

Sri Lanka typically backs the president’s party in general elections, especially if voting is held soon after a presidential vote.

The president wields executive power but Dissanayake still required a parliamentary majority to appoint a fully-fledged cabinet and deliver on key promises to cut taxes, support local businesses, and fight poverty.

A nation of 22 million, Sri Lanka was crushed by a 2022 economic crisis triggered by a severe shortage of foreign currency that pushed it into a sovereign default and caused its economy to shrink by 7.3 percent in 2022 and 2.3 percent last year.

Boosted by a $2.9 billion bailout program from the International Monetary Fund (IMF), the economy has begun a tentative recovery, but the high cost of living is still a critical issue for many, especially the poor.

Dissanayake also aims to tweak targets set by the IMF to rein in income tax and free up funds to invest in welfare for the millions hit hardest by the crisis.

But investors worry his desire to revisit the terms of the IMF bailout could delay future disbursements, making it harder for Sri Lanka to hit a key primary surplus target of 2.3 percent of GDP in 2025 set by the IMF.

“The country has given a clear mandate politically. The key question would be if this is at the cost of economic policy,” said Raynal Wickremeratne, co-head of research at Softlogic Stockbrokers in Colombo.

“I think with this majority they may try to negotiate a bit more on the (IMF) targets as well,” he said. “A continuation of the current reform program on a broader extent would be positive for the country.”