Norway boosts defence by $12bn to hit 3.5% of GDP for NATO

Government

Norway is adding 115 billion crowns ($12bn) to defence spending through 2036, allowing it to reach NATO’s 3.5% of GDP target by 2035. The move comes amid the war in Ukraine and pressure from the US. Norway has announced a further increase in defence spending, allocating an additional 115 billion crowns (around $12bn) through 2036. The government said on Friday that the new funds would enable the country to meet its NATO commitment of spending 3.5% of GDP on defence by 2035. The extra money

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