Posted:
11.12.2024 14:42:00
Media: NATO may increase defence spending to 3% of GDP
In 2025, as Bloomberg informed, the North Atlantic Treaty Organisation (NATO) may increase the defence spending threshold for member countries from 2 to 3 percent of GDP, TASS reports
Bloomberg news agency claimed, citing sources, that the new ‘concrete targets for how many more tanks, planes and other weapon systems member countries need to produce’ will be presented at the alliance summit in June. According to sources, that ‘may require raising the alliance’s defence spending goal to as much as 3 percent of gross domestic product’.