Lithuania to allocate 5-6% of GDP for defence in 2026-2030, foreign minister says
Published by Global Banking and Finance Review
Posted on January 17, 2025
1 min readLast updated: January 27, 2026

Published by Global Banking and Finance Review
Posted on January 17, 2025
1 min readLast updated: January 27, 2026

Lithuania will allocate 5-6% of its GDP for defence from 2026 to 2030, urging allies to adopt proactive strategies, as announced by Foreign Minister Kestutis Budrys.
VILNIUS (Reuters) - Lithuania has committed to allocating 5% to 6% of its GDP for defence between 2026 and 2030, its foreign minister said on Friday.
"Difficult times require bold decisions and leadership. We call on our allies to follow this lead. The era of passive 'sit-and-wait' strategies is over", Foreign Minister Kestutis Budrys wrote on social media platform X.
(Reporting by Andrius Sytas, editing by Stine Jacobsen and Louise Breusch Rasmussen)
The main topic is Lithuania's decision to allocate 5-6% of its GDP for defence between 2026 and 2030.
Lithuania is increasing its defence budget to demonstrate leadership and encourage allies to adopt proactive defence strategies.
The announcement was made by Lithuania's Foreign Minister, Kestutis Budrys.
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