U.S. allies in NATO are increasing their military budgets

U.S. allies in NATO are increasing their military budgets

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Last year, the combined military budget of the allies increased by 5.2%.

The issue of increasing the defence spending is the main claim of Donald trump to the countries-members of NATO. He even stated that his country should not perform the role of “piggy Bank” for its NATO allies.

This writes with reference to .

But NATO Secretary General, published on The Wall Street Journal article that told how to grow the military budgets of the countries-members of the Alliance.

So, Jens Stoltenberg, in his first publication recalled that at the NATO summit in 2014, the Western allies agreed to stop the reduction of military budgets, increase spending on defense and within ten years to reach a level of 2% of GDP. And this obligation is in force and gradually implemented, said the Secretary General.

Last year, the combined military budget of the allies grew by 5.2% in real terms this is the highest growth for last 25 years. In 2018, spending on defense will rise again – for the fourth consecutive year– says Stoltenberg.

In 2014, only three countries have spent on defence to 2% of its GDP – the US, UK and Greece. This year such countries will be eight – will be added Estonia, Latvia, Lithuania, Poland and Romania. In addition, most of the allies plans to enter the two-percent level until 2024, continues the author of the publication.”However, a simple increase in defense spending is only part of the equation. Investment allies will go to main areas. Signing up for a two-percent level of defense spending, NATO leaders also promised to increase the share of expenditures on purchase of new military equipment, for example, military aircraft, tanks and warships, up to 20%. Thus, the costs of the Alliance on the purchase of new equipment increased by $ 18 billion compared with the 2014 year”, – said Stoltenberg.

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