Karbauskis cautious in speaking on defence spending

The leader of the newly elected government Ramūnas Karbauskis is cautious in discussions of a defence spending in excess of 2% of the GDP.

“Our programme includes a section where defence spending has to be raised to 2% of the GDP by 2018. I do not know if it could be larger, but we will be striving to reach that 2% financing goal, which is a commitment to our partners,” stated Karbauskis. When an LRT Television journalist inquired whether he believes it could possibly exceed 2%, the LPGU leader was cautious.

Related Post

– Do you think it could exceed 2%?

I think that we will have to deliberate with our NATO partners about what we need to do. On the other hand, I think that rational fund allocation for both military equipment and the military, while the things necessary for our national defence has to have a transparent procurement system in order to prevent funds wastage.

That said we have to also consider how we can integrate our police for the process, it has to be prepared for national defence. Then we could include the funds we allocate for certain things, such as police necessities into the same percent. This is done by the Estonians, I believe the Latvians as well. We could learn from them.

– Does anyone in your party or perhaps you personally have any contacts among the entourage of US President Elect Donald Trump?

I do not. Ne, for now we do not. We simply respect the choice of the American people. I think that all the statements during the campaign were simply campaign statements. We understand that we have to fulfil our obligations. If it is done, then no problems will arise. I am certain.

Share

Recent Posts

  • Culture

Lens on Movement: Ukrainian and Lithuanian Photos at Luxembourg’s European Mobility Week

Celebrating the European Mobility Week (16-22 September), the City of Bissen in Luxembourg will present…

3 days ago
  • Economy

Lithuanians will have to open their wallets even wider: goods and services will become more expensive

According to TV3.lt, Swedbank economists raise their GDP growth forecast for Lithuania and believe the…

1 week ago
  • Economy

Janulevičius. Lithuania’s economy looks better than Estonia’s or Latvia’s, but we shouldn’t be happy about it

From Q1 2022 onwards, Estonia has been in a prolonged recession. Yes, we also had…

2 weeks ago
  • Tribune

EMBank’s earnings for the first half of 2024 have increased by over 50%

European Merchant Bank (EMBank), a provider of financial solutions to small and medium-sized businesses, has…

2 weeks ago
  • Latest

Resorting to anger when it should be apologising: experts on Gabrielius Landsbergis

As the debate on the Landsbergis' assets continues in the public sphere, political analysts are…

3 weeks ago
  • Economy

Preliminary housing purchase contract – what not to be afraid of and what to check before signing

A preliminary contract is usually signed when buying a new dwelling directly from the developer…

1 month ago