Subscribe free to our newsletters via your
. Nuclear Energy News .




WAR REPORT
Sri Lanka raises defence budget despite foreign pressure
by Staff Writers
Colombo (AFP) Oct 21, 2013


Sri Lanka's government Monday raised defence spending to a record 253 billion rupees ($1.95 billion), despite international pressure to scale down the military after ending a decades-long separatist war.

Figures presented in parliament showed the defence ministry getting its highest ever allocation for spending in 2014, marginally higher than the 249 billion rupees budgeted for this year.

The latest figures were unveiled as the UN Human Rights Council and other rights groups asked the government to de-militarise the former war zones in the island's north after crushing Tamil rebels in May 2009.

There was no immediate comment from the government Monday to the latest defence spending figures, but the authorities in the past have insisted that they need to maintain high spending to ensure that the defeated rebels do not try to regroup.

Security forces in 2009 declared an end to 37 years of ethnic war which had claimed at least 100,000 lives, according to UN estimates.

Defence and police together account for nearly 12 percent of the government's total estimated spending of 2.54 trillion rupees in 2014, marginally lower than the 2.56 trillion this year.

Sri Lanka's economy recorded more than 8.0 percent growth in the first two full years after crushing the rebels, but slowed to 6.4 percent last year. This year's expansion is estimated at 7.5 percent by the central bank.

President Mahinda Rajapakse, who holds both the finance and defence portfolios, is due to unveil the full 2014 budget on November 21, when he is expected to announce how he will raise money to meet state expenses.

.


Related Links






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








WAR REPORT
Protest against Iraq PM blocks highway to Syria, Jorda
Ramadi, Iraq (AFP) Dec 23, 2012
About 2,000 Iraqi protesters, demanding the ouster of premier Nuri al-Maliki, blocked on Sunday a highway in western Iraq leading to Syria and Jordan, an AFP correspondent reported. The protesters, including local officials, religious and tribal leaders, turned out in Ramadi, the capital of Sunni province of Anbar, to demonstrate against the arrest of nine guards of Finance Minister Rafa al- ... read more


WAR REPORT
Ethanol Safety Seminar Planned in Tacoma

US Biodiesel Production Surpasses Set Target for Second Straight Year

AREVA awarded a contract for the construction of a biomass power plant in the Philippines

New device harnesses sun and sewage to produce hydrogen fuel

WAR REPORT
Harvard Business School installs AC PV solar array

Overcrowded German solar inverter market pushes suppliers to the brink

Solar Exchange Advances to Final Round at Solar Startup Challenge

Tecta Announces Roof+Solar Financing Program

WAR REPORT
Spain launches first offshore wind turbine

Key German lawmaker: End renewable energy subsidies by 2020

Installation of the first AREVA turbines at Trianel Windpark Borkum and Global Tech 1

Trump's suit to halt wind farm project to be heard in November

WAR REPORT
Firms eye power generation in post-Fukushima Japan

South Korean president calls for global energy cooperation

Power plant threat to Bosnia oasis

Global Hydropower Market Continuing to Grow, with Asia-Pacific Keeping the Lead

WAR REPORT
BHP Billiton scraps most of its Indian gas, oil exploration

Scotland's Salmond warns future of shuttered refinery in jeopardy

Finland OKs $168 million in funding for LNG capacity expansion

Nigeria's booming oil theft racket costs $1B a month

WAR REPORT
Astronomer see misaligned planets in distant system

Water discovered in remnants of extrasolar rocky world orbiting white dwarf

Space 'graveyard' reveals bits of an Earth-like planet

Scientists generate first map of clouds on an exoplanet

WAR REPORT
India close to signing with Kangnam for minesweepers

Guyana accuses Venezuela navy after ship detained

Japan votes for Mr and Ms in sailor popularity poll

Australia commissions MU90 torpedo after delays

WAR REPORT
Phobos-Grunt-2: Russia to probe Martian moon by 2022

Russian scientists set sights on space

Heading to a High Slope for Some Sunshine

Russia to Make Second Attempt at Mars Moon Mission




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement