Latvia to become one of few NATO member states spending 2% of GDP on defense

  • 2017-11-29
  • LETA/TBT Staff
Latvia will become one of the few NATO member states that spend 2 per cent of their GDP of defense as Saeima today passed a beefed-up defense budget for 2018, the Defense Ministry said. This will put Latvia among the few NATO member states, which already spend 2 per cent of their GDP on defense, alongside six other NATO member states: USA, Greece, Estonia, the UK, Romania and Poland. The latter six reached NATO threshold before 2017. Latvia’s 2018 defense budget will reach EUR 576.34 million or EUR 126.8 million more compared to the previous year....
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