President on wider borrowing limits for defence: incident in Poland only proves the need
Elta EN
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President Gitanas Nausėda says he is pleased that the Ministry of Finance has supported his proposal to allow raising defence spending through borrowed funds in the revised state budget for 2023. The initial draft budget provided for the borrowed funds to account for up to 2.5 percent of the gross domestic product (GDP), later the ceiling was raised to 3 percent.