aA
Lithuania's national defense budget will not stop growing after reaching 2 percent of GDP next year, Prime Minister Saulius Skvernelis said on Thursday.
Saulius Skvernelis
Saulius Skvernelis
© DELFI / Karolina Pansevič

"Of course, we will raise the funding of the Armed Forces at a steady rate. As to by how much, we will see when forecasts for the 2019 budget are made," he told reporters.

The prime minister underlined that the defence budget's growth would depend on the country's economic growth.

"When revenue, the economy does not grow, it is very difficult to single out one area, even though it is a priority one," Skvernelis said.

He added that the budget would not be "drastically cut" or left "absolutely stagnant", as it had been in the past.

Under the draft 2018 budget, Lithuania's defence budget is set to increase by 149.2 million euros next year compared with this year to reach 873 million euros, or 2.06 percent of GDP.

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

Lithuania declares nationwide emergency due to coronavirus threat

The Lithuanian government declared on Wednesday a nationwide emergency in an effort to minimize...

Police chief in Kaunas Zukauskas sacked

Darius Zukauskas , chief of Kaunas County Chief Police Commissariat , has been dismissed from the...

Installation of Chinese CCTV in Kaunas raises security concern

The installation of a CCTV system produced by Chinese company Hikvision in Lithuania's...

Foreing ministry asks people to refrain from trips to Tenerife city

Lithuania's Ministry of Foreign Affairs has asked people to refrain from trips to the Tenerife...

Defense ministry moves to introduce 'official use' label in defense system

The Lithuanian Defense Ministry proposes to introduce the " official use " label for sensitive...

Top news

Lithuania declares nationwide emergency due to coronavirus threat

The Lithuanian government declared on Wednesday a nationwide emergency in an effort to minimize...

Installation of Chinese CCTV in Kaunas raises security concern

The installation of a CCTV system produced by Chinese company Hikvision in Lithuania's...

Police chief in Kaunas Zukauskas sacked

Darius Zukauskas , chief of Kaunas County Chief Police Commissariat , has been dismissed from the...

Lithuanian author long-listed for prestigious UK literary award

Noir Press announced that Lithuanian author Grigory Kanovich has just been long-listed for the...

Lithuanian model Ieva hits the London Fashion Week catwalk

A Lithuanian student from Kėdainiai swapped designing clothes for modelling them at one of the...