Sri Lanka to downsize army to 135,000 next year

by IANS |

Colombo, Jan 13 (IANS) 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.

Latest News
Rajasthan Chief Justice inaugurates e-Facilities Centre Fri, Jul 26, 2024, 04:45 PM
Barack and Michelle Obama endorse Kamala Harris for US President Fri, Jul 26, 2024, 04:36 PM
Jonny Bairstow not ready to give up on England Test spot Fri, Jul 26, 2024, 04:26 PM
Thomas Partey hails Arsenal to 'avoid mistakes of last season' Fri, Jul 26, 2024, 03:58 PM
Changi Airport sees 13.4 per cent passenger increase in Q2 Fri, Jul 26, 2024, 03:44 PM
46 Kg of opium seized in Afghanistan, 3 arrested Fri, Jul 26, 2024, 03:27 PM
Over 6,20,000 affected by typhoon Gaemi in China Fri, Jul 26, 2024, 02:17 PM
Massive wildfires trigger evacuations, health alerts in US Fri, Jul 26, 2024, 02:04 PM
Philippines: One killed in Manila house fire Fri, Jul 26, 2024, 01:52 PM
LIC stock hits new lifetime high of Rs 1,178.60 Fri, Jul 26, 2024, 01:10 PM
'Street-smart' Suryakumar backed to rise up to India T20I captaincy challenge Fri, Jul 26, 2024, 01:08 PM
2 Indian military teams plant tri-colour on Mt. Elbrus in multinational military 'Climb for Peace' event Fri, Jul 26, 2024, 01:00 PM
iPhone exports from India touch new all-time high in April-June quarter Fri, Jul 26, 2024, 12:51 PM
Cong never respected Armed Forces, says BJP's Poonawalla on Kargil Vijay Diwas Fri, Jul 26, 2024, 12:48 PM
MyGov turns 10: Let's work towards a Viksit Bharat by 2047, says CEO Fri, Jul 26, 2024, 12:33 PM