403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
NATO Approves USD3B Budget to Boost Military Capabilities
(MENAFN) NATO members have finalized their collective financing plans for 2026, green-lighting a substantial funding increase designed to bolster the alliance's combat preparedness and defense infrastructure.
The funding agreement allocates €528.2 million ($623 million) to NATO's civilian operations budget for 2026, with an additional €2.42 billion earmarked for military expenditures.
NATO's North Atlantic Council reached the consensus during Tuesday's session.
In an official statement, NATO indicated the 2026 common-funded budgets will support critical capabilities and promote readiness, helping to make the alliance "stronger, fairer and more lethal."
According to the statement, the approved financing will advance NATO's military transformation efforts, enhance operational compatibility across member nation forces, and fund conflict prevention initiatives, crisis management operations, and collaborative security partnerships.
The budget allocation will sustain NATO's unified Command Structure operations, finance alliance-directed training programs and military exercises, support ongoing NATO deployments and missions, and provide developmental assistance to partner nations, the statement confirmed.
The funding agreement allocates €528.2 million ($623 million) to NATO's civilian operations budget for 2026, with an additional €2.42 billion earmarked for military expenditures.
NATO's North Atlantic Council reached the consensus during Tuesday's session.
In an official statement, NATO indicated the 2026 common-funded budgets will support critical capabilities and promote readiness, helping to make the alliance "stronger, fairer and more lethal."
According to the statement, the approved financing will advance NATO's military transformation efforts, enhance operational compatibility across member nation forces, and fund conflict prevention initiatives, crisis management operations, and collaborative security partnerships.
The budget allocation will sustain NATO's unified Command Structure operations, finance alliance-directed training programs and military exercises, support ongoing NATO deployments and missions, and provide developmental assistance to partner nations, the statement confirmed.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
More Story
Comments
No comment