NATO Plans to Boost Defense Spending π
Hey there! Have you ever heard of NATO? It stands for the North Atlantic Treaty Organization. It’s a group of countries in North America and Europe that work together to keep peace and help each other out.
This year, at their big meeting called a summit, the countries in NATO are planning to agree on something important. They want to spend more money on defense. That means money for things like safety, security, and making sure everyone is protected.
They are thinking about raising their defense spending to 5% of their GDP in the next ten years. GDP stands for Gross Domestic Product. It’s like the total value of everything a country makes in a year. So 5% of that is a pretty big number!
Why are they doing this? Well, they want to make sure they can keep everyone safe and be ready for any challenges in the future.
What do you think about this plan? Do you think it’s important for countries to spend more on defense? Share your thoughts!
Reference(s):
Opinion poll on NATO summit's plan to increase defense spending
cgtn.com