The Czech parliament’s upper house approved a bill on Wednesday that will set the state’s minimum defence spending at 2% of gross domestic product (GDP) from next year, matching its commitment to the NATO military alliance.
European countries have ramped up their defence expenditure since Russia’s invasion of Ukraine, which had turned up pressure on member states that had not been meeting spending commitments.
Czech defence spending is planned at 1.52% of GDP in 2023 but should rise to above 2% next year once the president signs the bill into law, expected in the coming weeks.
Last week Prime Minister Petr Fiala’s centre-right government approved a plan to buy 246 infantry fighting vehicles CV90 for the Czech army for 59.7 billion crowns ($2.81 billion), or an amount equal to 0.7% of GDP forecast for 2024.
Prague is also in talks with the United States on the possible purchase of F-35 fighter jets, while the defence ministry plans to buy around 70 Leopard 2A8 tanks from Germany.
Support Prague Morning!
We are proud to provide our readers from around the world with independent, and unbiased news for free.
Our dedicated team supports the local community, foreign residents and visitors of all nationalities through our website, social media and newsletter.
We appreciate that not everyone can afford to pay for our services but if you are able to, we ask you to support Prague Morning by making a contribution – no matter how small 🙂 .
Subscribe for our daily news
FOLLOW US ON FACEBOOK!