Lithuania has announced plans to increase its defense spending to between 5% and 6% of its overall national economic output by 2026. This decision comes in response to the perceived threat of Russian aggression in the region, with the Baltic nation currently allocating slightly over 3% of its GDP to defense.
The State Defense Council made the decision to raise defense spending during a meeting in the Lithuanian capital, Vilnius. The move is aimed at strengthening defense capabilities and enhancing deterrence efforts in the face of potential military threats.
