Albania to increase defense spending by about €110 million
Other countries
- 03 July, 2026
- 08:31
Based on Albania's updated 2026 budget, the government will raise defense expenditures by an additional 10.3 billion lek (approximately €109.5 million), bringing total defense spending to 2.6% of GDP, Albanian Finance Minister Petrit Malaj stated, according to Report's Balkans bureau.
Malaj stressed that the budget amendments approved by the government are aimed at strengthening Albania's defense capabilities and accelerating the modernization of its armed forces.
He noted that the revised budget also includes the recruitment of 300 new military personnel.
The increase in spending reflects Albania's ongoing efforts to align with NATO's defense expenditure targets and to enhance its contribution to the alliance's collective security framework.
Latest News
14:07
Ilhom Abdurahmon: Azerbaijan, Tajikistan plan to implement e-Permit system
Infrastructure13:57
Photo
Azerbaijan, UN discuss cooperation on urban mobility
Infrastructure13:42
Tajik envoy: Dushanbe-Baku relations reached qualitatively new level - INTERVIEW
Foreign policy13:39
Shavkat Mirziyoyev welcomes launch of Baku-Tbilisi-Kars railway after modernization
Infrastructure13:30
Hikmat Hajiyev meets world‑renowned economist Professor Jeffrey Sachs
Foreign policy13:18
Tehran airspace to be fully closed during Khamenei's funeral
Other countries12:56
Ilham Aliyev congratulates Aleksandr Lukashenko on Belarus' Independence Day
Foreign policy12:51
Apple's share in Azerbaijan's tablet market down 2.5 times
ICT12:47