Text size

Defence Minister Zakov: 2% of GDP for defence is insufficient, we need a higher percentage

published on 5/12/22 7:47 PM

Defence Minister Dragomir Zakov.

Photo: BGNES

The second batch of eight F-16 fighter jets could be delivered by 2027. This was said by Defence Minister Dragomir Zakov to the Defence Committee in Parliament. "We are still in talks with the American side. We have not yet reached the stage of negotiating a price offer. I expect that to happen sometime in June," he added.

The cost of the equipment that Bulgaria would have to buy is between 3 and 6.6 billion euros, Zakov said.

2% of GDP would not be sufficient to cover the needs, so we should re-consider a higher percentage for defence, he said.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News 2027 defence Dragomir Zakov F-16

More from category

Parliament votes a declaration denouncing Russia's war against Ukraine

The National Assembly adopted a declaration condemning the ongoing war against Ukraine and the political repression of Vladimir Putin's regime with 112 votes in favour. The draft document was submitted by We Continue the Change – Democratic Bulgaria..

published on 7/23/25 6:00 PM

Bulgarian schools abroad are united by a shared mission to preserve national identity

The Association of Bulgarian Schools Abroad (ABSA) is holding its XVIII annual conference in Veliko Tarnovo , bringing together members from around the world. The motto of this year's conference is "Learning by Playing! Playing by Learning!", the..

published on 7/23/25 4:58 PM

The most successful Offices for Commercial and Economic Affairs to be honoured at a ceremony in BCCI

The most successful Bulgarian Commercial and Economic Offices abroad for 2024 will be honoured today at an awards ceremony at the Bulgarian Chamber of Commerce and Industry (BCCI). The 15th edition of the awards is jointly organized by the Bulgarian..

published on 7/24/25 7:05 AM