Share your email and we'll share the latest news
Exclusive economic intelligence, political and business coverage
Thursday, November 5 2026
Thursday, November 5 2026
MONETABRIEF – Sri Lanka Air Force has sought 4.2 billion rupees in extra funding to set up a drone unit to deal with natural disasters, the parliament said in a statement.
A supplementary estimate is presented to parliament on Thursday.
Sri Lanka Air Force has operated an unmanned aerial vehicle (UAV) unit using fixed wing aircraft for reconnaissance for many year dating back the island's civil war.
In the last few years vertical take off quadcopter and other technology has advanced for both military and search and rescue applications.
"Considering changing operational conditions, increasing weather threat around the Bay of Bengal, the funds will be used to set up a drone system for the Sri Lanka Air Force," the statement said.
In East Asia farmers have used agricultural crop-dusting drones to rescue marooned children and also deliver food and other supplies before authorities reached disaster hit areas. (Colombo/Nov05/2026)
| 3 month bill | 9.26% | 1bp ▲ |
| 12-m bill | 9.95% | 2bp - |
| Gold (Ounce) | $4015 | - ▼ |
Comments
Be the first person to comment and join the debate