German military spending is expected to reach the target of accounting for P2% of GDP by 2022

Consumer Discretionary, Automotive Feb 28, 2022 08:28 PM (GMT+8) · EqualOcean

German federal government spokesman Herbert steiter said that the federal government is expected to achieve the goal of 2% of the gross domestic product (GDP) of NATO member states this year. In his view, the establishment of a special fund with an additional allocation of 100 billion euros in the 2022 budget can help the German Bundeswehr carry out modernization and upgrading faster.

This text is a result of machine translation.

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