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Secretary General’s Annual Report – Press Conference
Natochannel
March 15, 2018 | 41:54
Presenting his Annual Report today (Thursday 15 March), NATO Secretary General Jens Stoltenberg said “in an unpredictable world, the Alliance is stepping up to keep our nations safe.”
The report shows that, in 2017, European Allies and Canada increased spending on defense by almost 5% - meaning¬ there have now been three consecutive years of growth since 2014.
Allies have also made progress on investing in new capabilities. In 2017, twenty-six Allies spent more in real terms on major equipment than the year before.
“All NATO members have pledged to continue to increase defense spending in real terms. The majority have already put in place plans on how to meet the 2% guideline by 2024. And we expect others to follow,” the Secretary General said.
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