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Ministry: Latvia will need extra 92 million euros for defence next year
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Updated 3 hours ago
First seen March 23, 2026 13:12:07Stay on top of this story
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Quick Summary
To ensure an increase in defence spending to 5% of gross domestic product (GDP), significant additional state budget funding will be required in the coming years, according to the Ministry of Finance’s opinion submitted to the Saeima Budget and Finance (Tax) Committee in response to the amendment to the State Defence Financing Law proposed by President Edgars Rinkēvičs.