Sri Lanka 2006 Defence expenditure to increase by 30%

[TamilNet, Wednesday, 09 November 2005, 02:39 GMT]
Sri Lanka's defence expenditure for fiscal year 2006 is expected to increase by more than 30% of the 2005 levels to Rs 61b, budgetary estimates submitted to the legislative body Tuesday revealed.

Breakdown of the expenditure forecast by Sri Lanka's Ministry of Defence estimate for the "formulation, co-ordination and execution of policies with regard to defence and safeguarding the territorial integrity and sovereignty of Sri Lanka," follows:



Defence Expenditure 2006 Estimates

Department

2004 Actual Rs '000

2005 Estimate Rs '000

2006 Estimate Rs '000

2007 Estimate Rs '000

2008 Estimate Rs '000

Recurrent Expenditure

46,314,527

46,343,500

61,000,000

68,690,976

73,733,871

Ministry of Defence

569,236

605,500

380,000

989,509

1,063,702

Sri Lanka Army

31,056,599

30,088,000

39,400,000

44,303,023

47,624,828

Sri Lanka Navy

7,924,174

8,050,000

12,350,000

13,886,861

14,928,087

Sri Lanka Air Force

6,764,518

7,600,000

8,370,000

9,411,582

10,117,254

Capital Expenditure

7,316,331

9,956,500

8,470,000

9,524,025

10,238,129

Ministry of Defence

45,919

56,500

170,000

191,155

205,488

Sri Lanka Army

2,424,216

2,000,000

2,500,000

2,811,105

3,021,880

Sri Lanka Navy

3,055,325

4,600,000

1,800,000

2,023,996

2,175,754

Sri Lanka Air Force

1,790,872

3,300,000

4,000,000

4,497,769

4,835,007

Total Expenditure

56,447,422

56,300,000

69,470,000

78,115,000

83,972,000

Source: Sri Lanka Budget Estimates Vol-1 Page 549



While the recurrent expenditures for Sri Lanka Army (SLA) and Sri Lanka Navy (SLN) account for the biggest increases, the capital expenditure for the SLN decreased from Rs 4.6b in 2005 to Rs 1.8b for 2006.

 

Latest 15 Reports
24.04.22 05:44  
தீவின் நெருக்கடிச் சூழலில் ஈழத்தமிழர் தேசம் கடைப்பிடிக்கவேண்டிய நிலைப்பாடுகள்
09.04.22 14:44   Photo
குறிதவறும் ஈழத்தமிழர் தலைமைகளுக்கு வரலாறு தருகின்ற எச்சரிக்கை
21.01.22 07:24   Photo
ஈழத்தமிழர் தேசத்தின் தலைமைத்துவம் தேர்தல் அரசியற் கட்சிகளுக்கு அப்பாலானது
02.11.21 15:32   Photo
13 ஆம் சட்டத்திருத்தத்தால் கட்டமைக்கப்பட்ட இன அழிப்பை எதிர்கொள்ள முடியுமா?
15.09.21 08:19  
English version not available
17.05.21 19:23   Photo
Ananthi blames war criminal Silva for blocking collective memorial at Mu'l'livaaykkaal
09.04.21 14:46  
English version not available
23.03.21 12:41   Photo
No focus on Tamil genocide, geopolitics gets played out in Geneva in favour of QUAD formation
21.03.21 13:34   Photo
Navi Pillay explains ‘human rights’ limitations in Geneva on Tamil genocide
15.03.21 20:36   Photo
Deceived Tamil activists in UK falsely claimed ‘substantial changes’ to Zero draft
09.03.21 21:34   Photo
UK repeatedly wronged Tamils says hunger-striker, demands genocide justice
26.02.21 11:53   Photo
Tamils witness false dilemma in Geneva as geopolitical formations pit against each other
19.02.21 14:02   Photo
UK not prepared to push for ICC option in new UNHRC Resolution
07.02.21 23:16   Photo
Unprecedented P2P uprising paves the way for rights-oriented politics of Tamils and Muslims
22.01.21 08:01   Photo
Gotabaya sets up deceptive COI citing ‘sovereignty’ and ‘non-aligned’ foreign policy
 
Find this article at:
http://www.tamilnet.com/art.html?catid=13&artid=16290