Sweden's defense minister announced the country is on track to increase its military spending to 5% of its GDP. This commitment aligns with goals expected at the upcoming NATO summit in the Hague.
Defense Minister Pal Jonson stated that the increase includes 3.5% for pure military expenditures and 1.5% for military-related defense expenditure. He affirmed Sweden's readiness to shoulder its responsibility within the alliance.
The increased spending underscores Sweden's commitment to strengthening its defense capabilities. It also demonstrates its dedication to contributing to collective security efforts within NATO.