British defense expenses will increase to 5 percent. GDP


“It is quite obvious that we live in dangerous times” – Prime Minister told journalists.
Currently, Great Britain allocates 2.33 percent to defense. GDP. In recent months, Starmer has already agreed to an increase in expenses to 2.5 percent. until 2027 and up to 3 percent in the next parliamentary term. Now the government announces that by 2027, defense expenditure will increase to at least 4.1 percent.
Where will the United Kingdom take money for defense?
However, it is not clear How additional funds are obtained, estimated at 30 billion pounds a year. The Prime Minister rejected the suggestions that they can come from cuts in public services or social programs, as Reuters emphasizes.
The head of NATO Mark Rutte reported that during the summit on Tuesday to Thursday, the alliance would take a widely targeted destination for a defense expenditure of 5 percent. GDP.
British media note that in order to significantly increase defense expenses, it will be necessary to introduce budget savings or raising taxes.




