NATO says all countries to finally hit 2-percent spending goal
- A new NATO report indicates that every member country is on track to achieve the alliance’s established goal of allocating 2% of their GDP to defense expenditures this year.
- This progress follows a 2014 agreement on the 2% goal and increased military spending after Russia’s 2022 invasion of Ukraine and calls from US President Donald Trump.
- Only three NATO members—Poland, Lithuania, and Latvia—currently meet the newer 3.5% GDP defense spending target agreed at the June summit in The Hague.
- At the opening of a Rheinmetall ammunition plant in Unterlüß, Germany, NATO Secretary General Mark Rutte highlighted that simply increasing defense budgets is not enough for security; true deterrence relies on having the actual ability to defend against possible adversaries.
- The alliance’s full compliance with the 2% target indicates stronger defense commitment, but converting increased budgets into genuine military capabilities remains a priority.
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72 Articles
According to a NATO forecast, all members will reach the two percent target for the first time in 2025. However, most are far from the new target of 3.5 percent of GDP for defense.
It took the Allies more than a decade to reach the old defense investment target.
All NATO members projected to hit 2% spending target, but only three will meet new goal
NATO released data on Thursday showing that all its 32 members are projected to finally meet a longstanding goal of spending two per cent of their overall economic output on defence this year.
NATO Hits Two-percent Spending Benchmark, Driven by Trump’s Push
Trump is taking credit for all 32 NATO member states meeting the long-standing target of allocating two percent of GDP to the alliance. ... The post NATO Hits Two-percent Spending Benchmark, Driven by Trump’s Push appeared first on The New American.
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