Economy Minister Giancarlo Giorgetti
said Thursday that Italian defence spending will reach 2% in
2025 and then increase further in the coming years.
"The reconnaissance work done on spending on defense and, more
generally, on the country's security, carried out with special
care according to NATO methodology, leads us to believe that
this year we will already be able to reach the target of 2% of
GDP assumed in 2014," he told a joint hearing of the Lower House
and Senate budget committees on the government's economic
blueprint, the public finance document (DFP).
"We are fully aware, including in light of the current tensions,
of the need to increase this spending in the coming years".
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