Sri Lanka's presidential election a test for current leader, 2 years after its economy hit bottom

COLOMBO, Sri Lanka (AP) — Two years ago, food cart worker Fathima Shiyama had to wait in line, sometimes for days, to get cooking gas, fuel and other essentials. It was a test of patience for her and millions of other Sri Lankans as their country languished in economic and political chaos.

Since then, under President Ranil Wickremesinghe, the South Asian island nation's economy has begun a fragile recovery. As the country gears up for a crucial presidential vote, key economic indicators have improved and there are no shortages of food and fuel. Inflation is almost under control after peaking at 70%.

On Thursday, the government announced it has completed restructuring its debt. The finance ministry said it has reached agreements in principle on the restructuring of international sovereign bonds, the final step after previously restructuring loans from local and bilateral lenders.

Sri Lankans who usually vote along religious and ethnic lines will be keeping the state of the economy in mind when they vote Saturday on a new president. Many are still struggling, borrowing money or leaving the country to cope with rising living costs and limited opportunities.