The Defense Investment Program until 2032 has been submitted to the parliament. The new program, on the recommendation of the previous National Assembly, groups projects under BGN 100 million into packages of capabilities, and those over BGN 100 million will be described separately so that the deputies could be aware of what they are endorsing. In the proposal of the Council of Ministers, two financing options are specified - with defense costs rising to 2.5% of GDP and with 2% of it. The document states that the main source of funding for the projects is the defense budget and defense expenditure under the central budget. An annual review of the implementation of the program is planned.
Defense investment program until 2032 submitted to the National Assembly
02.09.2023 - 07:16

BGNES

Watch and Comment news
Tusk: Migrants who break the law will be deported
07.02.2025 - 18:27
Kellogg: Trump ready to double sanctions on Russia to get it to negotiate
07.02.2025 - 13:39
Slovakia started importing Russian gas via Turkish Stream on 1 February
07.02.2025 - 09:25
China is building a command centre 10 times bigger than the Pentagon
31.01.2025 - 08:45
Scholz hails release of German-Israeli hostages
30.01.2025 - 18:14