Turkey Raises Defense Allocations by 229% in 2027 Budget

Turkish Vice President Cevdet Yilmaz said on Wednesday that Ankara increased its budget allocations for purchasing weapons, ammunition, and other defense equipment systems by 229% for 2027.

Yilmaz added during the presentation of the government's draft budget for 2027 before the Parliamentary Planning and Budget Committee that total allocations for defense and security will reach 3.454 trillion lira ($69.64 billion), including resources allocated to the Defense Industry Support Fund.

He noted that this total amount represents 12.7% of the central government budget.