Sri Lanka- Situation report - Issue No.29 -(15.01.1987)
Spiralling Defence costs have forced the Government to impose a 11% freeze on expenditure by Ministries. The move decided by the Cabinet last Wednesday as an urgent measure, will mean every Ministry will have to save this amount from the monies voted for capital expenditure during the financial year 1987. Consequently some of the activity planned b y the Ministries will be halted, at least temporarily.
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