2021.06.14 10:53

Lithuania to raise defence spending to 2.5 percent by 2030 – president

Milena Andrukaitytė, BNS2021.06.14 10:53

Lithuania will maintain defence spending of at least 2 percent GDP and will gradually increase it to 2.5 percent by 2030, Lithuanian President Gitanas Nausėda said upon his arrival to Brussels to attend a NATO summit.

“We have to stress the importance of this NATO summit as it is taking place at a special time when we are facing growing threats, especially from the Eastern side, so today we need a strong, viable and reliable NATO as never before,” Nausėda told reporters on the eve of the summit on Sunday.

“Our key message is that we want to contribute as much as possible to NATO as a system of collective defence and deterrence, which is ready to respond to all sorts of challenges in a swift and very determined manner as speed and the ability to respond to arising challenges with clear resources is key today. This is why we are in favour of it being funded properly,” the president said.

Nausėda underlined that Lithuania was committed to maintaining defence spending “of at least 2 percent GDP and gradually increase it to 2.5 percent by 2030”.

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