Sri Lanka: May 23, 2002

Archives

The government has been spending 5-6 percent of GDP on defense for the last few years, and borrowed nearly $10 billion in the late 1990s to buy weapons and munitions. Despite the ceasefire, defense spending will stay at about five percent of GDP. Despite the war, the economy only contracted (by 1.4 percent) last year, the first economic recession since the British colonial

 

Article Archive

Sri Lanka: Current 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999

X

ad

Help Keep Us From Drying Up

We need your help! Our subscription base has slowly been dwindling.

Each month we count on your contribute. You can support us in the following ways:

  1. Make sure you spread the word about us. Two ways to do that are to like us on Facebook and follow us on Twitter.
  2. Subscribe to our daily newsletter. We’ll send the news to your email box, and you don’t have to come to the site unless you want to read columns or see photos.
  3. You can contribute to the health of StrategyPage.
Subscribe   contribute   Close