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UK considers boosting defence spending to 3% of GDP by 2029 amid Russia concerns and US pressure.
The UK government is considering accelerating its defence spending to reach 3% of GDP by 2029, five years ahead of the previous target, amid growing concerns over Russia and pressure from the US.
Prime Minister Keir Starmer endorsed the move at the Munich Security Conference, though no final decision has been made.
The Office for Budget Responsibility estimates an additional £17.3 billion annually would be needed by 2029-30, with potential funding sources including cuts to overseas aid, climate programs, or infrastructure projects.
The Treasury remains cautious, and the defence investment plan is still under review.
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El Reino Unido considera aumentar el gasto en defensa al 3% del PIB para el año 2029 en medio de las preocupaciones de Rusia y la presión de los Estados Unidos.