Poland to Boost Defense Spending in 2025 to Record High
Aug 28, 2024 19:13
Poland's Prime Minister Donald Tusk announced a record high defense budget for 2025, allocating 186 billion zlotys (USD 48.5 billion) to bolster national security.
Warsaw (Poland), Aug 28 (AP) Polish Prime Minister Donald Tusk says the 2025 state budget will include record-high spending on defence.
Tusk on Wednesday presented the main points of next year's budget, which he described as generous and supporting further economic growth.
Tusk said some 186 billion zlotys (USD 48.5 billion) will be spent next year on increasing the defence of the nation, which borders war-torn Ukraine and where security concerns are high.
It is a great effort but there is no turning back from it, Tusk said at a news conference.
He said the amount was a significant increase from defense spending in 2024, which accounts for over 4 per cent of Poland's GDP. Poland is a leader in NATO and in the European Union in defence spending.
Deputy Defense Minister Stanislaw Wziatek told Polish media that spending on defense next year will reach 4.7 per cent of GDP.
Poland, which supports Ukraine's struggle against Russia's invasion, is making large purchases of military equipment, including from the US and South Korea.
Poland's economic growth is expected to be 3.9 per cent next year.
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