Lithuanian defence budget to rise to 1% GDP in 2015

Juozas Olekas
DELFI / Kiril Čachovskij

“We are talking about the next year’s budget. We believe and the government has agreed that we should reach 1 percent GDP. That would stand at over 1.3 billion,” the minister Juozas Olekas told journalists.

Lithuania is increasing defence expenditure in response to Russia’s aggression in Ukraine.

NATO countries are committed to spend 2 percent of their GDP on defence but the majority spend less. Lithuania comes next-to-last in terms of defence spending among NATO countries.

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