Turkey plans 229% defense spending boost over three years to advance domestic military tech

A 229% increase in defense spending over the next three years is set to fund domestic military technology development and reduce reliance on foreign arms. The boost aligns with a broader economic roadmap. ING Think notes the medium‑term plan points to a slower disinflation path beginning in 2027, suggesting monetary policy will stay tight.

Investing.com projects GDP growth climbing to 5% by 2029, while Euronews cites a 28.4% inflation forecast driven by the war’s impact on prices. Daily Sabah adds that simultaneous social policies—expanded child‑care services and flexible work arrangements—are intended to raise labor participation, framing the defense surge as part of a comprehensive growth strategy. Yet the high inflation outlook and a projected slower easing of price pressures introduce fiscal uncertainty.

Financing a 229% spend surge amid a 28.4% inflation forecast could strain public accounts, especially as the medium‑term disinflation path remains modest. The sustainability of the defense expansion will likely depend on whether the 5% GDP growth target and labor‑participation measures translate into sufficient revenue growth.