Britain needs to almost double defense spending: the amount is announced

Britain needs to almost double defense spending: the amount is announced

Kyiv  •  UNN

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The British Ministry of Defense has calculated the necessary level of military spending at 3.6% of GDP to modernize the army. This means an increase in the annual budget to 93 billion pounds.

The United Kingdom needs to increase its military spending to 93 billion pounds ($117 billion) a year to meet its obligations to NATO.

Transmits of the UNN with reference to of the FT.

According to internal calculations by the Ministry of Defense, the UK should spend 3.6% of GDP on defense if it wants to modernize its armed forces. 

 To meet its NATO commitments, the United Kingdom needs to increase military spending to 3.6% of GDP and nearly 93 billion pounds ($117 billion) a year to meet its NATO goals

According to the Financial Times, this figure is 56% higher than the current spending level of 2.3% and “is considered a completely unrealistic demand given the limited British finances.” But the expert, in his comments to the FT, emphasized that such a level of spending “would be desirable” in the UK Ministry of Defense.

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So far, only 23 of NATO's 33 members have met the current spending target of 2 percent of GDP.

Officials and analysts also argue that the 2.5 percent spending is insufficient to fully reconstruct the British military, which has been depleted by years of underinvestment.

Recall

British Defense Secretary John Healey stated inthat the new Trump administration will support Ukraine. According to him, the United States will remain committed to NATO and will continue to help Ukraine.

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