“British Prime Minister Kir Starmer in an extraordinary speech in the United Kingdom Parliament before leaving the United States for negotiations with Donald Trump has announced the largest increase in the country’s defense budget since the Cold War and voiced plans to bring it up to 2.5% of GDP by 2027.”, – WRITE: www.pravda.com.ua
Source: “European Truth” with reference to the words of the older
Details: The older stated that the country has a challenge for generation, and it needs the same large -scale response and complex decisions that will be tangible “in the life of industries and in the homes of the British.”
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“We have to draw courage from our history, the courage from who we are like a nation, because courage is what our era requires from us,” said Cyrus Starmer.
He announced the most consistent increase in the cost of defense since the Cold War.
“We will fulfill the obligation to spend 2.5% of GDP on defense. But we will bring this purpose to reach such a level in 2027,” the older announced that this means that from 2027 Britain will spend on defense annually By £ 13.4 billion. Along with the costs of intelligence agencies, expenses will be even 2.6% of GDP.
The prime minister added that next – from the next parliament cadence – the possibility of increasing defense costs to 3% of GDP should be considered.
The older also announced that due to such changes will have to cut the budget for external assistance – it should decrease from this year’s 0.5% of GNI to 0.3% of GNI in 2027.
Recall:
- The Czech Republic believes that defense costs should be increased to at least 3% of GDP.
- Estonia assured that in 2026 the cost of defense would exceed 4% of GDP.