Lithuania plans to spend 1.46 percent of its GDP on defence next year, the country's Minister of National Defence Juozas Olekas says.
Juozas Olekas
© DELFI / Mindaugas Ažušilis

Such a share is stipulated in the 2016 budget bill the initial version of which is currently being deliberated by the government, the minister said during a discussion on security issues in the parliament on Thursday.

"We made the commitment in the political parties' agreement to increase defence spending to 2 percent by 2020. I am glad that this part of the agreement is being implemented. We had 0.77 percent GDP in 2013 and plan to increase it to 1.46 percent GDP based on the initial version of the budget bill which is now being discussed by the Cabinet. So it's double what we had in 2013," Olekas said.

The Seimas of Lithuania is on Thursday holding a special discussion on the country's foreign, security and defence policy. The plenary sitting is discussing the implementation of the political parties' agreement on defence spending. It stipulates that defence expenditure in Lithuania should reach at least 2 percent GDP by 2020.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.

US court dismisses ex-Lithuanian judge's extradition appeal

A US court has dismissed an extradition appeal by Neringa Venckiene , a former Lithuanian judge and...

Survey: President tops popularity rating

Lithuanian President Gitanas Nauseda tops the popularity rating in the country, according to the...

Lithuania joins group of countries condemning Beijing's treatment of Uighurs

Lithuania has joined a group of countries condemning China 's treatment of the Uighur ethnic...

Vilnius mayor: government not pulling out of stadium project

Vilnius Mayor Remigijus Simasius says Lithuanian Prime Minister Saulius Skvernelis has assured him...

New chief of defense: I am a realist and don’t dream about things we cannot have

Lithuania's incoming chief of defense , Major General Valdemaras Rupsys , says he will seek to...