💨 Abstract

Spain will allocate an extra 2.08 billion euros to defense spending this year, reallocating funds from procurement contracts, aiming to meet NATO spending targets and modernize its military infrastructure. The country has the lowest defense spending as a share of its GDP among NATO members. The government aims to reach the 2% NATO target as soon as possible.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖

Powered by MessengerX.io