Poland to spend $750 mln to boost ammunition production

5/11/2024 19:10

        Poland plans to invest 3 billion zlotys ($750 million) to boost ammunition production, according to a bill published late on Monday, aiming to ensure it has sufficient supplies in the event of an attack from Russia.
        
        Since Moscow launched its full-scale invasion of Ukraine in 2022, Poland has become NATO's biggest spender on defence in relation to the size of its economy, with the 2025 budget allocating 4.7% of gross domestic product for the purpose.
        
        "The draft act aims to create opportunities to provide financing for activities aimed at increasing the capacity for ammunition production," the bill says, with a particular need to expand large-caliber production to bolster the potential of the Polish Armed Forces.
        
        According to its website, the government aims to adopt the bill during the fourth quarter.
        
        Some NATO officials have said the Kremlin might be ready militarily to attack NATO countries in five to eight years' time, once it has rebuilt its forces after the war in Ukraine. Moscow has regularly dismissed Western suggestions that it might consider an attack on NATO.