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Message: <blockquote data-quote="lkdood" data-source="post: 8505863" data-attributes="member: 92282">Sri Lanka announced Tuesday it would raise defence spending by six  percent in 2011 -- broadly in line with annual hikes announced during  the government's war with Tamil rebels.The government allocated  215 billion rupees (1.92 billion dollars) for defence in calendar 2011,  according to official figures tabled in parliament Tuesday -- about a  fifth of the national budget.Official sources say the state needs  to keep defence spending high, despite the fact the ethnic war has  ended, because of hefty installment payments on military hardware bought  to fight the separatist Tamil Tigers.Government forces crushed  the rebels in May 2009, ending what had become Asia's longest-running  ethnic conflict that claimed up to 100,000 lives over nearly four  decades, according to UN estimates.The highest portion of the defence budget next year in the island nation of 20 million people will go to the army.The army will absorb just over half of the entire defence spending to maintain its 200,000 personnel, the figures show.President  Mahinda Rajapakse, who is also finance minister, is due to unveil the  full 2011 budget on November 22, when he is expected to announce new  revenue raising proposals to meet state expenses.Sri Lanka's  fiscal deficit shot up to 9.7 percent of gross domestic product in 2009,  exceeding the seven percent target set by the International Monetary  Fund when it released a 2.6-billion-dollar bailout package in 2009.<a href="http://www.google.com/hostednews/afp/article/ALeqM5ht9U4rkAfDMYbZURGfgkmorXJWlg?docId=CNG.f3c56da45464a41c1cd517b13c5de4ac.1e1" target="_blank">AFP</a></blockquote>

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