Healey sees defence spend rise to 3% of GDP by 2034

Healey sees defence spend rise to 3% of GDP by 2034

UK Defence Secretary John Healey has expressed confidence that defence spending will reach 3% of GDP by 2034 at the latest. This statement, however, is seen as his personal opinion rather than a new commitment, according to a source cited by the BBC. The upcoming strategic defence review from the government will outline the priorities for military and security spending in the coming years.

Earlier this year, Prime Minister Sir Keir Starmer announced plans to increase defence spending to 2.5% by April 2027, with the ultimate goal of reaching 3% by 2034, subject to economic conditions. The strategic defence review, set to be released on Monday, is expected to reflect the assumption that the 3% target is the projected trajectory for spending, with potential for acceleration if necessary.

In preparation for evolving threats, the review will propose the integration of new “digital” experts to work alongside troops for protection against enemy drones and to manage future unmanned weapons within the army. Healey, speaking to the Times newspaper, emphasized the importance of the UK’s defence spending target in enabling long-term planning and addressing mounting pressures.

Nato leaders are scheduled to convene in The Hague next month, where the alliance’s secretary-general is anticipated to call upon member countries to boost defence spending. Mark Rutte, during a recent address to the alliance’s parliamentary assembly, proposed a collective defense spend target of 5% among the 32 member nations. To fund increased defence budget allocations, the UK plans to reduce overseas aid from 0.5% of gross national income to 0.3%, a decision that prompted the resignation of International Development Minister Anneliese Dodds earlier this year

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