Podgorica, (MINA) – Montenegro is one of 23 NATO member states which will allocate over 2 per cent of its GDP for defense this year, thus confirming once again credibility of its alliance in NATO, the Ministry of Defense has announced.
NATO Secretary General Jens Stoltenberg released a defense expenditures report, ahead of the NATO Summit, which will be held in Washington from July 9 to 11.
The report states that all allies have recorded a growth trend in defense budget, and that according to projections for this year, 23 allies are expected to meet or exceed the target of investing at least two percent of GDP in defense.
The Ministry of Defense states that among those allies, with a planned allocation for the defense budget of 2.02 percent of GDP, is Montenegro.
This, according to the Ministry, represents the best and clearest confirmation of the 44th Government’s commitment to the credible membership in the Alliance.
“Taking into account the current global security challenges, which, among other things, have resulted in the largest military transformation of the NATO alliance since the Cold War, Montenegro clearly demonstrated collective responsibility, commitment to shared values and once again confirmed the credibility of the alliance in the NATO”, the press release stated.
