PRAGUE (Reuters) – The Czech government has decided to gradually raise its defence spending to 3% of gross domestic product by 2030, from around 2%, Prime Minister Petr Fiala said on Wednesday. Defence expenditure should rise by 0.2% of GDP each year starting in 2026 when it should reach 2.2%, Fiala said. (Reporting by Jason […]
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Czech government to gradually lift defence spending to 3%/GDP by 2030, PM says
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PRAGUE (Reuters) – The Czech government has decided to gradually raise its defence spending to 3% of gross domestic product by 2030, from around 2%, Prime Minister Petr Fiala said on Wednesday.
Defence expenditure should rise by 0.2% of GDP each year starting in 2026 when it should reach 2.2%, Fiala said.
(Reporting by Jason Hovet)