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
17:56
Turkish defense minister meets with new Azerbaijani ambassador
Foreign policy17:53
Robert Mobili: Armenian revanchists fear Alban‑Udi concept
Religion17:51
Azerbaijan's state standards to be calibrated at BIPM free of charge
Business17:45
Sergey Annari: We held a religious service in our own language at Ganjasar Monastery
Religion17:34
Photo
Azerbaijani historian: Soviet era distorted Caucasian Albania's history
Domestic policy17:27
Haas driver Oliver Bearman expects successful performance at Azerbaijan Grand Prix
Sports17:24
Azerbaijan simplifies visa procedures for FIFA U-15 World Cup
Foreign policy17:23
Azerbaijan's revenues from oil exports to Czechia rise over 9%
Energy17:20