November 25th, 2024

Poland to increase its spending on defense in 2025 to a record high

By The Associated Press on August 28, 2024.

WARSAW, Poland (AP) – Polish Prime Minister Donald Tusk says the 2025 state budget will include record-high spending on defense.

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 ($48.5 billion) will be spent next year on increasing the defense 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% of Poland’s GDP.

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