Romanian 2021 defence budget vs 2.5% declaration (Janes)

Following a meeting with Romania's Supreme Council of National Defence, President Klaus Iohannis told a press conference on 1 March that it is necessary to increase the country's defence budget from 2% to 2.5% of GDP in light of Russia's attack on Ukraine.

Florin Cîțu, leader of the National Liberal Party and President of the Romanian Senate, indicated a day later that the increase would take place from 2023. Romania's 2022 budget allocated RON25.9 billion (USD6.14 billion) to defence: a 14% nominal increase on 2021. The official medium-term forecast released with the budget suggested defence would see nominal increases of 8.2–9.3% for the following three years, with defence as a percentage of GDP reaching 2.3% by 2025.

Romanian 2021 defence budget vs 2.5% declaration (Janes)

Following a meeting with Romania's Supreme Council of National Defence, President Klaus Iohannis told a press conference on 1 March that it is necessary to increase the country's defence budget from 2% to 2.5% of GDP in light of Russia's attack on Ukraine.

Florin Cîțu, leader of the National Liberal Party and President of the Romanian Senate, indicated a day later that the increase would take place from 2023. Romania's 2022 budget allocated RON25.9 billion (USD6.14 billion) to defence: a 14% nominal increase on 2021. The official medium-term forecast released with the budget suggested defence would see nominal increases of 8.2–9.3% for the following three years, with defence as a percentage of GDP reaching 2.3% by 2025.

Romanian 2021 defence budget vs 2.5% declaration (Janes)

Following a meeting with Romania's Supreme Council of National Defence, President Klaus Iohannis told a press conference on 1 March that it is necessary to increase the country's defence budget from 2% to 2.5% of GDP in light of Russia's attack on Ukraine.

Florin Cîțu, leader of the National Liberal Party and President of the Romanian Senate, indicated a day later that the increase would take place from 2023. Romania's 2022 budget allocated RON25.9 billion (USD6.14 billion) to defence: a 14% nominal increase on 2021. The official medium-term forecast released with the budget suggested defence would see nominal increases of 8.2–9.3% for the following three years, with defence as a percentage of GDP reaching 2.3% by 2025.

Romanian 2021 defence budget vs 2.5% declaration (Janes)

Following a meeting with Romania's Supreme Council of National Defence, President Klaus Iohannis told a press conference on 1 March that it is necessary to increase the country's defence budget from 2% to 2.5% of GDP in light of Russia's attack on Ukraine.

Florin Cîțu, leader of the National Liberal Party and President of the Romanian Senate, indicated a day later that the increase would take place from 2023. Romania's 2022 budget allocated RON25.9 billion (USD6.14 billion) to defence: a 14% nominal increase on 2021. The official medium-term forecast released with the budget suggested defence would see nominal increases of 8.2–9.3% for the following three years, with defence as a percentage of GDP reaching 2.3% by 2025.

Romanian 2021 defence budget vs 2.5% declaration (Janes)

Following a meeting with Romania's Supreme Council of National Defence, President Klaus Iohannis told a press conference on 1 March that it is necessary to increase the country's defence budget from 2% to 2.5% of GDP in light of Russia's attack on Ukraine.

Florin Cîțu, leader of the National Liberal Party and President of the Romanian Senate, indicated a day later that the increase would take place from 2023. Romania's 2022 budget allocated RON25.9 billion (USD6.14 billion) to defence: a 14% nominal increase on 2021. The official medium-term forecast released with the budget suggested defence would see nominal increases of 8.2–9.3% for the following three years, with defence as a percentage of GDP reaching 2.3% by 2025.

Romanian 2021 defence budget vs 2.5% declaration (Janes)

Following a meeting with Romania's Supreme Council of National Defence, President Klaus Iohannis told a press conference on 1 March that it is necessary to increase the country's defence budget from 2% to 2.5% of GDP in light of Russia's attack on Ukraine.

Florin Cîțu, leader of the National Liberal Party and President of the Romanian Senate, indicated a day later that the increase would take place from 2023. Romania's 2022 budget allocated RON25.9 billion (USD6.14 billion) to defence: a 14% nominal increase on 2021. The official medium-term forecast released with the budget suggested defence would see nominal increases of 8.2–9.3% for the following three years, with defence as a percentage of GDP reaching 2.3% by 2025.