Official government announcements or credible international news sources

Turkey Unveils 2025 Budget with Record $47 Billion Defense Spending, 17.5% Increase

Oct 18, 2024, 01:49 PM

Turkey's Vice President Cevdet Yilmaz has unveiled the details of the country's 2025 budget. The budget includes a significant increase in defense and security spending, which will surge to a record $47 billion, the highest ever spending. This represents a 17.5% increase in total spending amid regional escalation in the Middle East.