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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.

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Radio Bulgaria News 2027 defence Dragomir Zakov F-16

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

More from category

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Foreign Minister Kondov assures Lebanese counterpart that Bulgaria has nothing to do with pager explosions

Bulgaria’s cabinet allocates 3.1 million euros for prevention of domestic violence