Czech Republic To Boost Defence Spending To 3% of GDP by 2030
Summary by Brno Daily
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Czech Republic To Boost Defence Spending To 3% of GDP by 2030
The Czech government has approved plans to gradually increase defence spending by 0.2% of gross domestic product (GDP) annually until 2030, Prime Minister Petr Fiala (ODS) announced yesterday. In 2026, he said, the defence budget should be 2.2% of GDP, while in 2030 the Czech Republic should spend 3% of GDP on defence. Nearly 20 Western leaders and institutions agreed on the need to increase defence spending at a summit in London on Saturday fol…
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