Lithuania to ramp up military spending, PM says

VILNIUS – Lithuanian political events have agreed to assist a authorities proposal to extend defence spending in 2022 to greater than 2.5% of gross home product (GDP), Prime Minister Ingrida Simonyte mentioned on Monday.

“This can give us assets for purchases which at the moment are moved ahead because of the altering scenario,” Simonyte instructed a information convention.

Lithuania’s authentic plan was to spend 1.2 billion euros ($1.31 billion) in 2022, comparable to 2.05% of GDP.

($1 = 0.9158 euros)

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