MSB Budget Triples in 5 Years in Dollar Terms: Defense Industry Support Fund Is a Question Mark

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In the OVP, he noted that the budget allocated to the Ministry of National Defense increased by 86 percent compared to the previous year, reaching 1 trillion 532 billion liras. While the main factor in this increase was the purchase costs of goods and services, Eurofighter came to mind. The MSB budget in dollar terms has increased by 3 in the last 5 years. “We are increasing our defense spending by 229 percent,” said Vice President Cevdet Yılmaz…

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Turkey plans to increase defense spending by 229 percent in the next three years, as part of the new medium-term economic program for the period 2027-2029.

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Within the framework of the Medium-term Programme for 2027-2029, Turkey planned to increase defence spending by 229%. The country will focus on developing its own technologies in the defense industry and will strive to provide for its own needs.

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Turkish Defense Revisionism: It Increases Armament Spending by 229% for the Three-Year Period 2027-2029 editor03 Mon, 09/07/2026 - 20:23 The decision was presented by the Deputy Prime Minister of the Turkish Government, Cevdet Yilmaz, making it clear that strengthening the defense sector is set as the absolute priority of the Turkish economy, leaving behind sectors such as housing, industry and health. Exclude from news feed Off Live Descriptio…