Sri Lanka to slash military by a third to cut costs – Economic Times
The Army's strength is to be reduced to 100,000 by the year 2030, down from the current figure of 200,783. The strength would be limited to 135,000 by next year, the Defence Ministry said in a statement.
“The overall aim of the strategic blueprint is to broach a technically and tactically sound and well-balanced defence force by the year 2030 in order to meet upcoming security challenges," the statement quoting the state minister of defence Pramitha Bandara Tennakoon said.
The defence allocation of 539 billion rupees in the budget 2023 drew criticism as the island nation faced its worst economic crisis since 1948.
Due to the forex shortage, Sri Lanka was unable to afford key imports, including fuel, fertilisers and medicines, leading to serpentine queues. For health and education, the 2023 budget has allocated over 300 billion rupees each.
Although the strength had been halved from around 400,000 since the conflict with the Liberation Tigers of Tamil Eelam (LTTE) ended in 2009, the current strength of 200,000 was termed excessive.President Ranil Wickremesinghe said last year that military strategy reforms were needed to gear the island's army to face new challenges.The Tamil minority and rights groups have been demanding the descaling of the military in the former battle zones in the conflict regions in the Northern and Eastern provinces.