Fortifying the Frontline: National Defense Expenditure Set to Surge to 2.71% of GDP in Upcoming Fiscal Year

Most of these funds – about 1.93 billion euros or 2.52 percent. GDP – will consist of budget allocations.

The rest of the financing will come from the banks’ solidarity contribution – this money can only be used for infrastructure.

The Ministry of Finance claims that the budget for next year provides an additional 392 million for the strengthening of security. euros. Additional appropriations for national defense will amount to 59.8 million. euros.

Money from the banks’ solidarity contribution – about 280 million. EUR – will be allocated to military mobility and military infrastructure. The part of the funds allocated for military mobility will be allocated to the Ministry of Transport, and for military infrastructure – to the Ministry of National Defense.

Another almost 3 million EUR 19 million for arming the Public Security Service (PSS). EUR 30 million will be allocated to strengthening cyber security. euros – strengthening of preparedness for a possible accident at the Astravos nuclear power plant. This money will end up in the appropriations of other institutions, not the Ministry of National Defense.

After the government approved next year’s state budget draft on Thursday, it will be further considered by the Seimas.

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