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Poland to increase defence spending

PR dla Zagranicy
Paweł Kononczuk 25.04.2017 11:57
Poland’s defence ministry has unveiled a plan to steadily increase the country’s defence spending to 2.5 percent of GDP by 2030, up from 2 percent today.
Photo: AlexVan/pixabay.com/CC0 Creative CommonsPhoto: AlexVan/pixabay.com/CC0 Creative Commons

Under the plan, Poland would spend no less than 2 percent of GDP on defence in 2018, followed by at least 2.1 percent in 2019, 2.2 percent in 2020-2023, 2.3 percent in 2024-2025, 2.4 percent in 2026-2029, and 2.5 percent in 2030 and beyond.

Poland’s defence spending would increase by PLN 117.2 billion (EUR 27.6 billion; USD 30.1 billion) over the next decade, the ministry says.

According to Deputy Prime Minister Mateusz Morawiecki, Poland is one of only four NATO countries that meet the military alliance’s target of allies spending at least 2 percent of their GDP on defence and at least 20 percent of that on investment in military equipment.

“This [level of defence spending] must be sustained because it builds our strength, but also strengthens our reputation” internationally, Morawiecki, who is also Poland’s development and finance minister, said on Tuesday.

He told private broadcaster TVN 24 that Poland would earmark anywhere from PLN 2 billion to PLN 3 billion more in funds on defence under its 2018 budget. (str/pk)

Source: niezalezna.pl, PAP, TVN 24

tags: defence
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