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Stoltenberg hopeful 15 of NATO’s member states will be spending 2% of GDP on defense by 2024
17:57, 14 February 2018
Stoltenberg hopeful 15 of NATO’s member states will be spending 2% of GDP on defense by 2024

This year, 8 member states of the Alliance are projected to fulfill this requirement.

17:57, 14 February 2018

Open source

By 2024, 15 of NATO’s member states will be spending at least 2% of their GDP on defensive measures, Secretary General of the NATO Jens Stoltenberg hopes, reported by Interfax-Ukraine.

Related: NATO defense ministers support creation of two new HQs in Europe, - Stoltenberg

“For the last three years we have been seeing the increase in defense spending across the entire spectrum of European allies and Canada. As a result, there is a $46 billion surplus. Nationwide plans indicate that we may expect a further increase in that direction – Stoltenberg said at a press conference in Brussels on Tuesday.

Related: Stoltenberg: NATO states to increase defense spending

He reminded that in 2014 only three of NATO’s member states were spending more than 2% of their GDP on their defensive needs. This year, 8 member states of the Alliance are projected to fulfill this requirement.

Related: London to encourage NATO to increase defense spending because of Trump's rhetoric

“We expect that by 2024, at least 15 member states are going to spend over 2% of their GDP on defensive measures. This is good progress and a nice start, but we still have a long way to go in that direction”, - Stoltenberg said.

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