The Czech Ministry of Finance has confirmed that defence spending will rise to CZK75.5 billion (USD3.2 billion) in 2020.
The ministry submitted the overall state budget to the government for approval on 16 September.
The allocation to the Czech Ministry of Defence (MoD) will climb by CZK8.8 billion over the 2019 settlement of CZK66.7 billion; an increase of 13%.
The 2020 defence settlement is equivalent to 1.3% of GDP, up from 1.2% the prior year.
The defence allocation accounts for 5% of the overall state budget for 2020, which comes to CZK1.618 billion.
The Finance Ministry’s formal submission of the 2020 budget comes after the Czech Finance Minister Alena Schillerová and Defence Minister Lubomír Metnar agreed on 21 August that national defence spending would be increased by CZK1.2 billion more than originally planned to the level of CZK75.5 billion.
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