As more NATO countries meet spending targets, some push to raise goals

July 11, 2024

Defense News

After years of failing to meet NATO’s military spending targets, most of the alliance’s 32 members entered the 75th anniversary summit touting a statistic: more than two-thirds now meet the minimum threshold.

It marks a rapid turnaround in a short period dominated by Russia’s invasion of Ukraine and comes a decade after NATO allies agreed to spend at least 2% of GDP on defense with 20% of that going to major equipment purchases.

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