Lithuania commits to spend 2.5% of GDP on defence from 2030
Five leading Lithuanian parties have agreed to add to state defence funding every year to reach 2.5% or more of its gross domestic product by the year 2030.
Canadian-British news agency Reuters reports that decision was made on Monday, September 10, publicly motivated by Russia’s annexation of Crimea from Ukraine in 2014.
This is also a response to criticism from the key NATO member the U.S. that allies were not spending enough.
In 2018, the Baltic country plans to spend 2% of GDP, but prior to the Crimea annexation, it invested just 0.8% of GDP in defence in 2013, which was the second-smallest funding among the then 28 of NATO countries after Luxemburg.