13 Jul '18, 8am

Can’t Spend? Won’t Spend? 4 Lessons From NATO’s Bottom Lines https://t.co/0SbW6rM1mr

Can’t Spend? Won’t Spend? 4 Lessons From NATO’s Bottom Lines https://t.co/0SbW6rM1mr

The bright spot in this discouraging data is that most NATO members, 22 out of 29 are increasing their defense spending. In fact, a slight majority, 15, are increasing defense spending faster than their economy is growing (measured by GDP PPP). That means they’re moving closer to that two percent goal. But with a few exceptions like Lithuania, where defense spending increased almost 1300 percent faster than GDP over the last five years, most of them are moving slowly.

Full article: https://breakingdefense.com/2018/07/cant-spend-wont-spend...

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