MILITARY
Over 20 NATO allies to hit defence spending target
June 18, 2024 - A record 23 of NATO’s 32 member nations will meet the alliance’s defence spending target this year, NATO Secretary-General Jens Stoltenberg has said.
The estimated figure is a nearly fourfold increase from 2021, when only six nations were meeting the goal. That was before Russian President Vladimir Putin’s full-scale invasion of Ukraine in 2022.
Defense spending across European allies and Canada was up nearly 18% this year alone, the biggest increase in decades, according to NATO’s estimated figures released Monday, AP said.