SpaceWar.com - Your World At War
Slovakia to meet NATO defence budget target by 2022: president
Bratislava, June 25 (AFP) Jun 25, 2019
Slovakia will increase its military budget to the NATO target of two percent of gross domestic product by 2022, two years earlier than planned, President Zuzana Caputova told NATO officials in Brussels Tuesday.

"In relation to the two percent of GDP, we are pleased to achieve this target even earlier, in 2022 -- that is two years earlier" than previously stated, Caputova said, quoted by Slovak media in Brussels following talks with NATO Secretary-General Jens Stoltenberg.

Slovakia, a NATO and eurozone member state of 5.4 million people, currently spends 1.73 percent of its GDP on defence, according to the 2019 state budget.

Slovakia had earlier committed to reach NATO's recommended two percent of GDP military spending target in 2024.

NATO member states agreed to the spending target in 2014.

Bratislava will spend nearly 900 million euros ($1.02 billion) on defence in 2019, the finance ministry said.

Defence Ministry state secretary Robert Ondrejcsak told AFP on Tuesday that most of this budget will be spent on a comprehensive modernisation of the country's army.

"We will soon get rid of technical dependence on Russia," he said.

Ondrejcsak was referring to Slovakia's current dependence on Russian military hardware, a legacy of its past in the Communist bloc before 1989.


ADVERTISEMENT




Space News from SpaceDaily.com
Private capital targets mission-critical software power and platforms in new space economy
Maven stays silent after routine pass behind Mars
Uranus and Neptune may be rock rich worlds

24/7 Energy News Coverage
IAEA calls for repair work on Chernobyl sarcophagus
South Africa's informal miners fight for their future in coal's twilight
China's smaller manufacturers look to catch the automation wave

Military Space News, Nuclear Weapons, Missile Defense
Autonomous DARPA project to expand satellite surveillance network by BAE Systems
UK's new military chief to stress Russian threat; Royal navy tracked Russian sub in Channel
Momentus joins US Space Force SHIELD contract vehicle

24/7 News Coverage
Indonesia flood death toll passes 1,000 as authorities ramp up aid
US agency wipes climate change facts from website: reports
Kennedy's health movement turns on Trump administration over pesticides



All rights reserved. Copyright Agence France-Presse. Sections of the information displayed on this page (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence, you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the content of this section without the prior written consent of Agence France-Presse.