On 27 February, President Edgars Rinkēvičs 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. In his letter to the Presidium of the Saeima, the President draws attention to the fact that the international security…
On 27 February, President Edgars Rinkēvičs 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. In his letter to the Presidium of the Saeima, the President draws attention to the fact that the international security situation has changed significantly and irreversibly since 24 February 2022, when the Russian Federation carried out an illegal and unprovoked full-scale military invasion of Ukraine. The threat posed by Russia will persist even after the conclusion…
