Norway Will Increase Defense Spending With an Ambitious 12-Year Military Buildup Plan
All over Europe, nations are rebuilding their military forces to respond to an increasingly dangerous and unpredictable world.
The Nordic countries are no exception, with Sweden, Denmark, and Finland all beefing up their capabilities to face what they see as a growing Russian threat.
Now, Norway also joins the trend, with plans to raise its military spending by an accumulated $56 billion through 2036.
The goal is to bolster its defense against Russia and other security challenges, the NATO founder country’s government said.
Reuters reported:
“‘This plan represents a historic boost in defense spending, and involves a significant strengthening of all branches of the armed forces’, Prime Minister Jonas Gahr Stoere told a press conference.
