SL’s defence cost only US 5.5bln dollars

2 June 2011 06:30 am - 11 - {{hitsCtrl.values.hits}}

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The defence cost from 2006 to 2009 was only US 5.5 billion dollars, Central Bank Governor, Ajith Nivard Cabraal said a short while ago at the three-day seminar conducted by the Army.

He said that it was only 14 percent of the training cost of the US in Iraq and Afghanistan which was US 39 billion dollars. He also added that the country had to wage a constant battle against terrorist financing during the war.

“There were attempts to indirectly pressurize Sri Lanka and to keep the economy in a state of uncertainty. A large effort had to be made to depict the country’s economy in a positive light,” Cabraal said. (Supun Dias)

Pic by Pradeep K.Pathirana

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Comments - 11

spark Thursday, 02 June 2011 07:44 AM

Did you consider (a) logistics distance between Iraq and USA (b) standard of life of an American and Slankan (c) standard of weapons, equipment, R&D. You are also an example of the difference of thinking between an American and Sri Lankan accountant i.e. incompetency.

samosa Thursday, 02 June 2011 07:50 AM

Don't compare SL with US, their budget is Trillions, so 39 billions nothing. Not only that in US point of view, 39 billion is not an expense, that is an investment... They will get the return in trillions.

rifai Thursday, 02 June 2011 07:49 AM

Dont compare sri lankan economy with the US economy.

Konde Bendapuchhena Thursday, 02 June 2011 08:08 AM

WoW you compare SL with US must be joking,US have to interferer lots other country we only our selves

Roshan Thursday, 02 June 2011 09:58 AM

Do you know how much the salary of the US forces and the benefits they get?

mad patriot Thursday, 02 June 2011 12:31 PM

I think you are very good and accurate with numbers. Can you pl tell me how many innocent people killed during the war? MR says ZERO. Do you agree with him?

S.Sriranjan Thursday, 02 June 2011 01:17 PM

Only 5.5 Billion Dollar! Why should not reveal in Srilankan Rupee???

PIPAA Thursday, 02 June 2011 02:09 PM

WHATS THE VALUE OF THE KICKBACKS?

gura Thursday, 02 June 2011 04:47 PM

this guy runs our Central Bank right? Sad

kalusudda Friday, 03 June 2011 08:28 AM

Sri Lanka's defence expenditure has gone up consistently since the end of the war and amounts to about 5% of GDP, nearly double that spent by India and Pakistan.

mad patriot Friday, 03 June 2011 01:52 PM

I saw a lady with pottu look like she represents minority community. Can you please tell me what is the representation of minority in armed forces?

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SL’s defence cost only US 5.5bln dollars

Comments - 11

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