We spend more than 2% of GDP on defense
| German Defense Minister Boris Pistorius announced the country's intention to allocate 2% of its gross domestic product to strengthen the military in 2024. |
reported Mehr News Agency quoted by Tass, Boris Pistorios, Minister of Defense of Germany, saying that his country plans to increase its GDP by more than 2% He stressed that this percentage will not be enough to guarantee Germany’s security.
Pistorius explained during the Munich security conference: “With pride I say that this year we will spend more than 2% of our GDP on defense and at the same time I am completely realistic and I know that this may not happen.”
During 2024, Germany is going to spend 73.41 billion dollars on its military structure and strengthening its defense, which is equivalent to 2.01% of the country’s expected GDP per year. It will be current.
Janes Stoltenberg NATO Secretary General also Previously said that the defense spending of 18 NATO countries will reach 2% of GDP in 2024, which will be a record for this organization.
Olaf Scholz, Chancellor of Germany announced Kurd said that his country will spend 2% of its GDP on defense for the first time in 2024 and will not retreat from this level later.
He added: Germany has a special fund to meet defense needs worth 100 billion euros, of which about 80% has been used.
He emphasized that Germany will spend the most on defense in Europe in the coming years.
