Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria to invest more than $2.3 billion in defence by the end of 2024

Photo: Archive

Bulgaria will invest 2.18 per cent of its GDP in defence this year, according to documents released by NATO ahead of its July 2024 summit in Washington. 

The country's 2024 defence spending is expected to be $2.325 billion, up from $1.992 billion in 2023. The data show a sustained increase in defence investment since 2020. However, the average number of army personnel is 0.6 per cent lower than in 2014, when NATO countries set a target of two per cent of GDP for defence spending, according to statistics cited by BTA.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Ministry of Justice building

The structure of Russian properties in Bulgaria is unclear

Bulgaria has information on the holdings of companies with Russian involvement , but the scale and type of their investments are not entirely clear, caretaker Minister of Justice Mariya Pavlova said in response to questions asked by MP Martin..

published on 10/1/24 10:04 AM

The deadline for submitting applications for voting abroad expires at midnight

The deadline for Bulgarians living abroad to apply for the opening of polling stations for the early parliamentary elections on October 27 expires on October 1 at midnight. By law, polling stations abroad are opened in Bulgaria’s diplomatic and..

published on 10/1/24 9:19 AM

Government aircraft evacuates Bulgarians from Lebanon, new flight expected

Some of the Bulgarians in Lebanon were evacuated on a government aircraft flight on Monday evening. The first group, consisting of 89 people, mostly families, mothers with children and elderly people, was welcomed by caretaker Premier Dimitar..

published on 10/1/24 8:46 AM