Turkey decides to increase defense spending by 229 percent
Bangla Press
Published: 21 October 2026, 12:56 PM
BanglaPress Desk: Turkey has increased its budget allocation for the procurement of arms, ammunition, weapons systems, and other defense equipment for the year 2027 by 229 percent. This announcement was made by Turkish Vice President Cevdet Yılmaz, as reported by the Turkish media outlet *Daily Sabah*.
While presenting the government’s budget proposal to the parliamentary Planning and Budget Committee on Wednesday, Yılmaz stated that the total allocation for the defense and security sector in 2027 would reach 3.454 trillion Turkish Lira—an amount equivalent to approximately 69.64 billion US dollars.
He noted that 12.7 percent of the total proposed budget for the coming year has been earmarked for the defense and security sector.
BP > SP
[Bangla Press is a global platform for free thought. It provides impartial news, analysis, and commentary for independent-minded individuals. Our goal is to bring about positive change, which is more important today than ever before.]
YOU MAY ALSO LIKE
International
5 hours ago
by Bangla Press
International
French President Makes Surprise Visit to Riyadh Amid Houthi Attacks
7 hours ago
by Bangla Press
International
Abhijit Dipke Compares India’s Protests with Movements in Bangladesh and Nepal
15 hours ago
by Bangla Press
International
Situation in Gaza is dire, with 50 Israeli attacks daily: UN
1 day ago
by Bangla Press
Sangeet Academy