NATO eyeing spending above 2% on defense

Published July 9, 2024 5:46pm ET



While NATO requires members to spend at least 2% of each country’s gross domestic product on defense, several are looking to surpass that minimum and not look back.

It’s taken almost two decades for a majority of the alliance to meet that requirement, which was first agreed upon back in 2006, but the latest tallies report that 23 of the 32 members are expected to hit that threshold this year.

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