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Lithuania, GDP and State Defense Council

Lithuania vows to boost defense spending to 5-6% of GDP, citing the threat of Russian aggression

Lithuania’s president says his country has made the decision to raise its spending on defense to between 5% and 6% of overall national economic output starting in 2026

Hosted on MSN · 18h

Lithuania Pledges to Boost Defense Spending After Trump Demand

Lithuania plans to increase defense spending to deter potential threats from Russia after US President-elect Donald Trump urged European allies to boost funds for the military.

Houston Chronicle · 21h

Lithuania pledges to spend between 5% and 6% of its GDP on defense starting in 2026

With the president's pledge, it becomes the first NATO nation to vow to reach a 5% goal recently called for by President-elect Donald Trump. Nausėda said the “historic decision” was taken by the State Defense Council on Friday.

Barron's · 21h

Lithuania Says Will Spend 5-6% Of GDP On Defence In 2026-2030

Lithuania plans to spend an annual five to six percent of its gross domestic product (GDP) on defence from 2026 to 2030, the Baltic NATO member's president said Friday.

Times Union · 21h

Alert: Lithuania's president pledges to spend between 5% and 6% of country's GDP on defense starting in 2026

Lithuania's president pledges to spend between 5% and 6% of country's GDP on defense starting in 2026. Got a question? Put a reporter on it. Ever think of a question that you wish someone would answer?

20hon MSN

Taiwan may cut its defense budget, just as Trump returns

Another U.S.-aligned democracy in Asia is mired in political gridlock, with Taiwan’s opposition challenging defense spending ...

11hon MSN

Federal budget deficit expected to soar to $2.7 trillion in 2035, highlighting pressure on GOP

As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...

Austin recommends $50 bln boost above US 2026 defense spending projections, Bloomberg News reports

Outgoing U.S. Defense Secretary Lloyd Austin has recommended a boost in defense spending by about $50 billion more than the ...

Republicans eye big defense spending boost in party-line bill

Congressional Republicans, sick of the annual push-pull with Democrats over defense and domestic spending priorities, are ...

Defense budget to fund $47M in special operation forces projects at Fort Liberty

National Defense Authorization Act includes $47 million worth of projects at Fort Liberty. Here's what they are.

4don MSN

Lloyd Austin recommends a $50 billion increase in defense spending

Lloyd Austin's plan includes spending as much as $1 trillion on defense as soon as 2028. Meanwhile, Biden increased the 2025 ...

3don MSN

NATO Chief Tells Allies to Raise Defense Spending or Learn Russian

Donald Trump has frequently spoken about the need for NATO allies to increase the amount they spend on defense.

This year’s debate over defense spending threatens to disrupt a tradition of bipartisan consensus-building over funding the military

But that record was threatened in the Republican-led House of Representatives on July 14, 2023, when members passed the US$886 billion bill by a 219-210 mostly party-line vote. Reflecting the current ...

4don MSN

European defense heavyweights say meeting Trump's military spending target won't be easy

The defense ministers of Europe’s five top military spenders say they intend to continue increasing their investments in ...

1don MSN

Military spending doesn't help long-term growth, Italy's central bank chief says

Military spending and arms production do not help long-term economic growth, Italy's central bank governor Fabio Panetta said ...

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