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NATO to Increase Defense Budget by 12 Percent in 2024

Dec 13, 2023 at 7:13 PM Update: 23 minutes ago

NATO will allocate 12 percent more to defense next year. The military budget will be increased to 2.03 billion euros. The civilian budget amounts to 438.1 million euros. This means an increase of 18.2 percent compared to this year.

NATO is increasing these budgets to more effectively address the shared security problems within the alliance, the international organization wrote in a statement on Wednesday.

“In turbulent times, we need this more than ever,” said Deputy Secretary General Mircea Geoana.

At a summit in Madrid in 2022, NATO cited Russia’s war against Ukraine as a reason to strengthen defenses. At a summit in Vilnius in 2023, the allies reaffirmed the importance of strengthening and unity.

The civilian budget is used for, among other things, personnel costs and the financing of certain programs. The military budget is specific to financing NATO missions and operations around the world.

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NATO soldiers practice trench warfare in Estonia

What is the NAVO?

  • The North Atlantic Treaty Organization is a political and military partnership of 31 countries. In addition to the Netherlands, almost all other EU countries are also members. The United States, Canada and Turkey are also part of the organization.
  • NATO was founded in 1949, a few years after World War II. The Netherlands has been part of NATO since its founding.
  • The most important part of the treaty is Article 5: it states that an attack on one of the member states is considered an attack on all member states.
  • The English translation of NATO is NATO: North Atlantic Treaty Organization.
  • NOW+ |If Sweden joins NATO, it will leave 200 years of military neutrality behind it

  • The NATO summit will take place in the Netherlands for the first time in 2025

Image: A US soldier rolls out barbed wire during a NATO exercise in Germany in September, FTP

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2023-12-13 18:13:00
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