TheLatviaTime

President Rinkēvičs wants to establish a compulsory level of defence spending

2026-02-27 - 15:38

Latvian President Edgars Rinkēvičs announced on 27th February that he had signed and submitted to the Presidium of the Saeima a draft law “Amendment to the Law on Financing National Defence”, proposing to enshrine in the Law on Financing National Defence a commitment that, starting from 2027, no less than 5% of the gross domestic product projected for the respective year be allocated to national defence.

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