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Wickremesinghe, who served as the country's prime minister four times, was in October 2018 fired from the prime minister post by then-President Maithripala Sirisena. He was reinstated two months later.
Army continues to march on the streets of Colombo as Sri Lanka goes through its worst economic crisis ever.
MP Ranjith Siyambalapitiya, who was backed by the ruling coalition led by President Gotabhaya Rajapaksa, was re-elected as the Deputy Speaker.
Nine suicide bombers linked to ISIS carried out a series of blasts that tore through three churches and as many luxury hotels in Sri Lanka, killing 258 people, including 11 Indians, and injuring over 500 on Easter Sunday on April 21, 2019.
Mahinda Rajapaksa polled over 5,00,000 individual preference votes - the highest ever recorded by a candidate in the history of elections.
The party led by the prime minister won all but 4 of the 22 electoral districts on offer. The victory margins in the south, dominated by the majority Sinhala community, were in the high 60 per cent mark in most areas.
The election, originally scheduled for April 25, was put off until June 20 as the COVID-19 outbreak hampered the preparations. The August 5 date was later fixed as the health authorities issued guidelines on holding the poll.
Mahinda, the current main opposition leader, will assume duties soon after incumbent Wickremesinghe steps down formally on Thursday.
Sri Lanka's ruling party candidate Sajith Premadasa on Sunday conceded the presidential poll and congratulated his main rival, former wartime defence secretary Gotabaya Rajapaksa.
Gotabaya Rajapaksa, served under his older brother, ex-president Mahinda Rajapaksa, and is widely seen as the frontrunner in a presidential election that must be held before Dec 9.