(ANSA-AFP) - WARSAW, JAN 30 - Poland announced a sharp
increase in defence spending on Monday, with the prime minister
saying the country needed to arm itself "faster" in light of
Russia's war in Ukraine. The country's defence budget will
amount to four percent of gross domestic product this year,
Prime Minister Mateusz Morawiecki told reporters. The parliament
approved last week a 2023 budget that included 97.4 billion
zloty ($22.5 billion) for the military, or three percent of GDP,
which has yet to be signed by the president. "The war in Ukraine
makes us arm ourselves even faster. That is why this year we
will make an unprecedented effort: four percent of GDP for the
Polish army," Morawiecki said. Poland had spent the equivalent
of 2.4 percent of its GDP for the military in 2022, the third
highest percentage among NATO countries, according to figures
from the transatlantic alliance. NATO has a spending target of
two percent of GDP for its members. (ANSA-AFP).
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Poland boosts defence spending in wake of Ukraine war
To four percent of gross domestic product this year