Czech Republic set to boost defence spending
The Czech MoD plans to significantly increase defence spending, with around a quarter of its budget to be invested in new or modernised military equipment.
With a particular focus on strengthening the Czech Army, including the acquisition of new armoured vehicles, the budget allocation of CZK75.5 billion ($3.2 billion) for 2020 represents around a 13% increase on the previous year.
According to the department, around CZK18 billion ($785 million) will be spent on the procurement of new military equipment or the modernisation of currently operated kit, as well as other investments in the country’s defence capabilities.
‘The goal is to
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