Friday 14 November 2025 16:50
Friday, 14 November 2025, 16:50
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The Bulgarian Ministry of Defense is requesting a postponement of one of the large payments under the contract for the second F-16 to 2028. Defense Minister Atanas Zapryanov said that this is necessary because Bulgaria will encounter difficulties in implementing the investment program for the modernization of the Bulgarian Army, BNR reported.
"The reason is a significant shortage of capital expenditures under already concluded supply contracts in the amount of 210 million euros and we will take actions and measures to reduce them," Zapryanov explained.
A total of 2.708 billion euros, or 2.25% of GDP, will be the budget of the Ministry of Defense for 2026. 1.434 billion euros are planned for personnel, and 946 million euros for capital expenditures, the minister specified today in the parliamentary defense committee, quoted by BTA.
Edited by Miglena Ivanova
This publication was created by: БГНЕС