06.12.2024, 18:48
Poland to increase defense spending to 4.7% of GDP in 2025
Source: OREANDA-NEWS
OREANDA-NEWS Poland's defense budget in 2025 will amount to $46 billion, reaching 4.7% of the country's GDP, the press service of the Ministry of National Defense of the country reported.
"The budget for 2025 includes a record amount of 124.3 billion zlotys ($30.6 billion in equivalent) for national defense. Together with the expenses of the Armed Forces Support Fund, national defense spending next year will reach 186.6 billion zlotys ($46 billion in the equivalent amount)," the report says.
"This means that in 2025, expenditures on the Polish army will amount to 4.7% of GDP, this year they amount to 4.2% of GDP," the Defense Ministry stressed.
"The budget for 2025 includes a record amount of 124.3 billion zlotys ($30.6 billion in equivalent) for national defense. Together with the expenses of the Armed Forces Support Fund, national defense spending next year will reach 186.6 billion zlotys ($46 billion in the equivalent amount)," the report says.
"This means that in 2025, expenditures on the Polish army will amount to 4.7% of GDP, this year they amount to 4.2% of GDP," the Defense Ministry stressed.
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