header logo
Vallibel FD
Mogo Academy
Selan Bank
Latest
Government approval drops to 50% as economic confidence weakens
Aug 16, 202605:58 PM
Government approval drops to 50% as economic confidence weakens
Mobitel inner 1278

Public approval of the government has dropped to 50% from a post-election high of 65%, as growing concerns over Sri Lanka’s economic conditions weigh on public sentiment, according to the latest Mood of the Nation poll conducted by Verité Research.

 

The July 2026 survey recorded government approval at 49.83%, down sharply from the 65% recorded in February.

 

The decline comes alongside a significant deterioration in perceptions of the economy, according to the poll. The number of respondents who believe economic conditions are “getting better” fell to 41.63% from 64% in the previous survey.

 

Meanwhile, those who believe the economy is “getting worse” rose to 40.29%, compared with around 15% previously.

 

More than half of those surveyed, 55.59%, rated the current state of the economy as “poor”, while only 38% considered economic conditions to be “good” or “excellent”.

 

The shift in economic sentiment has also pushed Verité Research’s Economic Confidence Index into negative territory, recording -8 in the latest poll. 

 

The index had stood at -39 in mid-2024 before moving into positive territory after February 2025.

 

Government disapproval also increased, with 31.40% of respondents saying they disapproved of the way the current government is working.

 

The Mood of the Nation survey was conducted from July 11 to 30 among 2,013 adults selected through a nationally representative, multi-stage randomised sample.

 

The survey was conducted with Vanguard Survey (Pvt) Ltd as the polling partner and has a maximum sampling error margin of ±2.21% at a 95% confidence level for the full sample.

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them (mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Comments

0
Comments are disabled

Note: Due to legal constraints, the Ada Derana Editorial team has taken a decision to disable comments on all articles concerning ongoing court procedures.

MostRead
Mobitel 1278
VideoStories
 Brother of underworld figure "Loku Patty" shot dead in Ahungalla amid gang feud

Brother of underworld figure "Loku Patty" shot dead in Ahungalla amid gang feud

 Iranian oil tankers stranded off Sri Lanka amid US sanctions pressure

Iranian oil tankers stranded off Sri Lanka amid US sanctions pressure

 CPC bears a loss of Rs. 66 on every litre of diesel - CPC Chairman explains fuel subsidy

CPC bears a loss of Rs. 66 on every litre of diesel - CPC Chairman explains fuel subsidy

Govt. to provide Rs. 40 bln fuel subsidy amid surge in global fuel prices

Govt. to provide Rs. 40 bln fuel subsidy amid surge in global fuel prices

 Case against ex-President Ranil adjourned until November for Attorney General’s advice

Case against ex-President Ranil adjourned until November for Attorney General’s advice

Appeals Court dismisses MP Dilith Jayaweera’s writ application over contempt referral

Appeals Court dismisses MP Dilith Jayaweera’s writ application over contempt referral

Sri Lanka at UN backs Palestinian rights; FM Herath urges stronger multilateral action & UN reforms

Sri Lanka at UN backs Palestinian rights; FM Herath urges stronger multilateral action & UN reforms

Namal remanded again in two cases;  CIABOC tells court illicit funds were used for Krrish project

Namal remanded again in two cases; CIABOC tells court illicit funds were used for Krrish project

Metro takes another step forward:  112 more buses added to service as President joins launch

Metro takes another step forward: 112 more buses added to service as President joins launch

New education reforms set for Grades 2 and 6 next year; Cabinet gives nod for 2027 implementation

New education reforms set for Grades 2 and 6 next year; Cabinet gives nod for 2027 implementation

39th shooting in 2026 rocks Baddegama; ‘Kalu Nona’ killed in suspected gang rivalry in the South

39th shooting in 2026 rocks Baddegama; ‘Kalu Nona’ killed in suspected gang rivalry in the South

“Have built a nation where law applies regardless of status” No one is above the law, President says

“Have built a nation where law applies regardless of status” No one is above the law, President says

Global Power shifting towards Asia from West; Nations battling for supremacy in Indian Ocean –Patali

Global Power shifting towards Asia from West; Nations battling for supremacy in Indian Ocean –Patali

Navy seizes Rs. 1.5 billion narcotics haul in Jaffna; One suspect arrested, dinghy seized

Navy seizes Rs. 1.5 billion narcotics haul in Jaffna; One suspect arrested, dinghy seized

Floodwaters persist as many rivers reach minor flood levels, several areas still inundated

Floodwaters persist as many rivers reach minor flood levels, several areas still inundated

Lassana Flora