Skip to Content

On the brink of joining NATO, Sweden seeks to boost its defense spending by 28%

STOCKHOLM (AP) — The Swedish government wants to increase the country’s defense budget by 28% as it prepares to join the NATO alliance. The increase would put Sweden on track to reach NATO’s target for military spending to be 2% of a country’s gross domestic product. Sweden’s center-right coalition government unveiled a defense bill Monday and said the defense budget will be increased by $2.4 billion. About $63 million will be spent on Sweden’s future membership of NATO. Sweden and neighboring Finland sought protection under the NATO security umbrella after Russia invaded Ukraine last year. Finland joined earlier this year but Sweden is still waiting.

Article Topic Follows: AP National

Jump to comments ↓

Author Profile Photo

Associated Press

BE PART OF THE CONVERSATION

KIFI Local News 8 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content