defence

281 articles

Karolis Broga

On Tuesday, a bill on the State Defence Fund drafted by the Government was presented in the Seimas. The draft law is aimed at establishing the State Defence Fund, defining its purpose, funding sources and usage, as well as fund management.

On Monday, the Defence Fund package, which includes proposals to increase the national defence spending to 3% of gross domestic product (GDP) for the period 2025-2030, was approved by the Government. According to Minister of Finance Gintarė Skaistė, the proposed package consists of four parts: the e...