Czech Republic will miss NATO defence spending target again this year, PM Babis says
- The Czech Republic will not meet NATO's 2% GDP defence spending target this year, with planned expenditure at 1.7% to 1.8% of GDP, Prime Minister Andrej Babis announced.
- The government prioritizes stabilizing public finances and has increased spending on energy subsidies and infrastructure instead of immediately raising defence budgets,.
- NATO has set a new long-term goal for members to allocate 5% of GDP to defence and related security investments by 2035,.
- The Czech Republic aims to meet the 2% defence spending target by 2027 through a gradual and sustainable increase aligned with NATO obligations,.
17 Articles
17 Articles
Czech Republic Will Miss NATO Spending Target, Says Prime Minister
The Czech Republic will miss its minimum NATO spending target again this year, according to the country’s prime minister, but will aim to hit it by 2027. Prime Minister Andrej Babis said in a June 19 Facebook post that the previous government had not met its defense spending target of 2 percent of gross domestic product (GDP) in four years, and “not even our government will meet 2 percent GDP for defense this year.” Babis said that the priority …
Czech Republic will miss Nato defence spending target again this year
While cutting the defence budget, Andrej Babis’ cabinet raised spending to subsidise energy prices and to fund road building. (AFP pic) PRAGUE: The Czech Republic will not meet Nato’s minimum defence spending target again this year, but will aim to meet it from 2027, Prime Minister Andrej Babis said on Friday. While many allies have raised defence spending significantly in light of Russia’s war against Ukraine, the Czech Republic spent less tha…
Czech Republic to Miss NATO Defence Spending Target Again
The Czech Republic will fail to meet NATO’s minimum defence spending target for another year, Prime Minister Andrej Babis announced, marking a setback as the alliance pushes members to strengthen military capabilities amid growing security concerns in Europe. The NATO benchmark requires members to spend at least 2% of gross domestic product on defence. The […] The post Czech Republic to Miss NATO Defence Spending Target Again appeared first on M…
Prime Minister Andrej Babiš (ANO) announced on Friday that the Czech Republic this year, like last year, will not meet its NATO commitment to spend two percent of GDP on defense.
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