Budget Brief: Turkish Defense Spending Plans Overcome Inflationary Pressures
Turkey is investing in the indigenous Kaan fighter jet.
Credit: Turkish Aerospace
The Turkish government has announced a further 38% increase to defense spending as part of its proposed 2025 budget, pushing spending to its highest level against GDP for 17 years. Total expenditure on defense—which comprises funding for the Defense Ministry, the Presidency of Defense Industries...
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