January 13, 2023
1 min read

Lanka to downsize army

The number will be further reduced to 100,000 by 2030…reports Asian Lite News

Sri Lanka will reduce the size of the army to 135,000 by 2024 from the current approved number of 200,783, a state minister said here on Friday.

The number will be further reduced to 100,000 by 2030, State Minister of Defence Pramitha Bandara Tennakoon said in a press release.

Tennakoon said that the strength of the military and sustainable economic development are two sides of a coin, reports Xinhua news agency.

He said that military spending indirectly stimulates and opens avenues for economic growth by way of assuring national and human security.

The government has come up with a strategic blueprint to establish a technically and tactically sound and well-balanced defence force by the year 2030 to meet future security challenges on a par with the national security needs of the country, he said.

ALSO READ: B’desh, Lanka interested in importing ethanol from India: Gadkari

Previous Story

Indian-American student bags US environmental fellowship

Next Story

UN Chief stresses Jerusalem holy sites’ status quo

Previous Story

Indian-American student bags US environmental fellowship

Next Story

UN Chief stresses Jerusalem holy sites’ status quo

Latest from -Top News

Iran leaders push for Qatar-backed peace deal

Pezeshkian and senior officials urge diplomatic engagement as Tehran warns that renewed conflict with Washington remains a strong possibility…reports Asian Lite News Desk Senior Iranian political leaders are urging the country’s military

US Approves $2.1bn Patriot Missile Sale to Ukraine

European allies and Canada will fund 500 advanced interceptors to strengthen Ukraine’s air defences against continued Russian missile attacks…reports Asian Lite News Desk The United States has approved a potential sale of

Musk Warns of ‘End of Democracy’ in US if Democrats Win

Billionaire backs Republican candidates ahead of midterms, warning proposed political changes could reshape America’s democratic and electoral system…reports Asian Lite News Desk Billionaire entrepreneur Elon Musk has warned that a Democratic victory
Go toTop

Don't Miss

Lanka reaps gains from India’s fast-tracked industrialisation: Ranil

Wickremesinghe highlighted the importance of probing the development in India

Debt-ridden Lankan economy may take long time to revive

This year Sri Lanka needs to repay over USD 1.5