NATO chief expects defense spending to exceed 2% target


Jens Stoltenberg

. “I can’t tell you exactly what our allies will agree on,” Stoltenberg said.


(Photo: Reuters)

Brussels NatoSecretary General Jens Stoltenberg expects defense spending to rise above the current target of two percent of gross domestic product. He expects the two percent target to be a lower limit rather than an upper limit in the future, the military alliance chief said on Monday during a visit to Spain. “Everyone now sees the need for more spending,” he said of the war in the country Ukraine.

After the annexation of the Ukrainian Crimea by Russia In 2014, the member countries of the Nato to halt the shrinking of defense budgets and increase them to 2 percent of GDP by 2024. “I can’t tell you exactly what our allies will agree on,” Stoltenberg said. “But I expect there will be a stronger commitment to increasing defense spending,” he said, referring to the NATO summit in Vilnius next July.



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