NATO Backs 5% Military Spending Target
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NATO Secretary-General Jens Stoltenberg voiced support for a proposal by Dutch Prime Minister Mark Rutte to increase military spending to 5% of GDP. This surpasses NATO's current 2% target. The proposal, initially dismissed, gains traction amid rising tensions with Russia. The 5% would include 'hard' military spending exceeding 3%, and additional funds for infrastructure and logistics. While 23 NATO members are nearing the 2% goal, none have reached 5%, though Poland is close and some Baltic states plan to exceed it soon.
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