Stoltenberg hopes by 2024 15 NATO members will spend more than 2% GDP on defense
By 2024, already 15 NATO member states will spend over two percent of their gross domestic product (GDP) and more on defense, NATO Secretary General Jens Stoltenberg has said.
"During three years we are seeing an increasing in spending on defense across the entire specture of European allies and Canada. As result, $46 billion more is being spent on defense. National plans demonstrate that we can expect further increases in this area," Stoltenberg said at a press conference in Brussels on Tuesday.
He said that in 2014 only three NATO states spent more than 2% of GDP or more on defense. This year, eight NATO member states are expected to reach the target.