CT: Ministers agree on rise in Czech defence budget
The budget of the Czech Ministry of Defence should rise by CZK 20 billion to a record CZK 110 billion next year, Czech Television reported. It said agreement on the increase had been reached by the minister of finance, Zbyněk Stanujra, and the minister of defence, Jana Černochová.
Defence spending is then expected to rise to CZK 155 billion by 2025, under previously announced government plans. This would mean that Czechia had fulfilled its NATO commitment to invest 2 percent of its GDP in defence.
The government plans to take in hundreds more soldiers and buy new military vehicles, helicopters and munitions.