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NATO allies urged to boost spending
July 10, 2024 - This year, 23 of the 32 members are projected to meet the alliance’s target of spending at least 2% of GDP on defence, but in the face of Russia’s threat there are calls for an increase to 2.5%.
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British Prime Minister Keir Starmer said he would fulfil a campaign commitment to increase UK defence spending to 2.5% of GDP,as he departed for a NATO summit in Washington. But underlined he would only do so when the country could afford it and after a review of defence strategy.
The UK is one of NATO’s biggest spenders and has been a key supplier of arms to Ukraine since Russia’s invasion, though the British military has still suffered from years of underfunding.
Up to 23 NATO members will meet the alliance's target of allocating at least 2% of GDP to defence this year, NATO Secretary General Jens Stoltenberg said in June, highlighting how allies have raised military spending since Russia seized Crimea from Ukraine in 2014.