Sweden on Track Toward 5% NATO Target, Defense Minister Says
Sweden is on track to increase military spending in line with goals that are expected to be agreed at NATO's upcoming summit in the Hague, the Nordic country's defense minister said.
'We have a trajectory going up to 3.5% for pure military expenditures, and then 1.5% for military related defense expenditure. So all in all, 5%, Pal Jonson told Bloomberg on Saturday. 'We stand ready to shoulder the responsibility.'
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