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    Home > Finance > Lithuania to allocate 5-6% of GDP for defence in 2026-2030, foreign minister says
    Finance

    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 read

    Last updated: January 27, 2026

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    Quick Summary

    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.

    Lithuania to Boost Defence Spending to 5-6% of GDP by 2030

    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)

    Key Takeaways

    • •Lithuania plans to allocate 5-6% of GDP for defence from 2026 to 2030.
    • •Foreign Minister Kestutis Budrys announced the decision.
    • •The move is a call for allies to adopt proactive defence strategies.
    • •The decision reflects a shift from passive defence strategies.
    • •The announcement was made on the social media platform X.

    Frequently Asked Questions about Lithuania to allocate 5-6% of GDP for defence in 2026-2030, foreign minister says

    1What is the main topic?

    The main topic is Lithuania's decision to allocate 5-6% of its GDP for defence between 2026 and 2030.

    2Why is Lithuania increasing its defence budget?

    Lithuania is increasing its defence budget to demonstrate leadership and encourage allies to adopt proactive defence strategies.

    3Who announced Lithuania's defence budget increase?

    The announcement was made by Lithuania's Foreign Minister, Kestutis Budrys.

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