NATO members to boost defense spending ‘considerably more than 3 percent’ of their GDP: report
Story by Matthew Sedacca • 13h
NATO members to boost defense spending ‘considerably more than 3 percent’ of their GDP: report
NATO members will have to bolster their defense spending by “considerably more than 3%” of their GDP, the alliance’s Secretary General Mark Rutte said Saturday.
The alliance chief’s warning came just days after Defense Secretary Pete Hegseth tore into NATO allies as failing to “take primary responsibility” for Europe’s defense and called for a minimum GDP spending target of 5%.
That amount is a drastic boost from the current 2% mark members pledged to meet more than a decade ago — an amount no member has ever reached, according to CNBC.
“Over the next couple of months we will get convergence” on the budget goal, Rutte told Politico during an interview panel hosted on the sidelines of the Munich Security Conference. He added the members “will have to prioritize defense over other stuff,” referring to social welfare programs, to reach beefed up defense spending targets.
https://www.msn.com/en-us/news/world/nato-members-to-boost-defense-spending-considerably-more-than-3-percent-of-their-gdp-report/ar-AA1z7VIL?ocid=msedgntp&pc=HCTS&cvid=fa8d2966f7ff4c6de86d383ee8e3d92a&ei=37
