evidence: Sri Lankan President Ranil Wickremesinghe has said that the Presidential elections scheduled to be held later this year will determine the island nation's success and failure rather than the individual triumphs or losses, according to a media report on June 12. [...] The government under Mr. Wickremesinghe has set in place hard economic reforms as dictated by the International Monetary Fund (IMF) programme. [...] On May 28, the UNP suggested holding a referendum to postpone both presidential and general elections and extending the terms of both offices for two years to pursue much-needed economic reforms. The proposal was immediately criticised by the opposition parties as unconstitutional.