Lithuania Sets Historic Defence Spending Goals Amidst Russian Threat
Lithuania plans to increase its defence spending to 5-6% of its national economic output by 2026, becoming the first NATO nation to meet this target. The move, announced by President Gitanas Nauseda, responds to Russian aggression threats and aligns with US President-elect Donald Trump's defence-spending expectations.
- Country:
- Lithuania
Lithuania is set to elevate its defence expenditure to between 5 and 6 percent of its national economic output starting in 2026. This bold move aligns with President Gitanas Nauseda's announcement and comes in response to ongoing Russian military threats in the region.
Currently, Lithuania allocates just over 3 percent of its GDP on defence. With this new commitment, it becomes the first NATO country to adhere to the 5 percent spending goal proposed recently by US President-elect Donald Trump.
The decision, heralded as 'historic' by Nauseda, was ratified by the State Defence Council. This adjustment makes Lithuania the top NATO contributor in terms of GDP percentage allocated to defence, surpassing Poland, which spends more than 4 percent.
(With inputs from agencies.)
ALSO READ
Giorgia Meloni's Strategic Meeting with Donald Trump
Strengthening Ties: Giorgia Meloni and Donald Trump Forge Alliances
Giorgia Meloni's Unplanned Florida Rendezvous with Donald Trump
President-elect Donald Trump asks the Supreme Court to block sentencing in his hush money case in New York, reports AP.
Sebastian Stan's Challenging Role as Donald Trump and Golden Globe Triumph