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.
Lithuania plans to increase its defence spending to 5-6% of its national economic output by 2026, becoming the first NATO nation to meet this target. The move, announced by President Gitanas Nauseda, ...
Nausėda said the “historic decision” was taken by the State Defense Council on Friday. Reaching that goal would make Lithuania the NATO country to spend the most on defense as a percentage of its ...