14:59 11 November 2024
Armaments spending by Min of Def continues to grow
Poland's Independence Day on November 11 commemorates its 1918 liberation after 123 years of foreign rule. This day also prompts reflection on defense challenges, prompting heavy military investment. Since December 2023, the new Defense Ministry has committed to upholding prior military contracts and adding 150 more by the end of 2024. Polish and foreign defense firms benefit, though critics highlight inefficiencies.
Defense spending reached a record 3.1% of GDP in 2024 and is set to rise to 4.7% in 2025, leading NATO countries. Deputy PM Kosiniak-Kamysz asserts these funds ensure security and address previous gaps, particularly in training, infrastructure, and modern equipment acquisition.
(wnp.pl)
