Albania falling short by 100m euro on NATO spending requirements
Albania’s defense expenditures amount to 1.2% of GDP, or around 146 million euros.
But this figure does not meet the North Atlantic Treaty Organization requirements, and this has been raised as a concern recently by US President Donald Trump.
NATO requires from its member states to spend 2% of GDP for defense, which translates into 240 million euros per year for Albania, or virtually 94 million more than what it actually does.
At least, this is the obligation that Albania has committed to respect since joining the alliance.
However, Albania is by no means the only country that does not meet this obligation, but it is in fact one of the many NATO member countries that violate the 2% minimum level.
Since his election at the White House Donald Trump has constantly launched allegations against these NATO member countries for not meeting the criteria.
A recent report published recently by PriceWater House Coopers (PwC), projected a decline in Albania’s defense spending during 2017-2021, at 6.3%, thus revealing a trend that is against joint commitments.
All in all, it turns out that Albania is not only one of the few countries with a projected decline in defense spending, but also the only NATO country with a decline of this size.
SCAN
*Material i përgatitur nga portali SCAN. Ripublikimi mund të bëhet vetëm kundrejt citimit të autorësisë dhe burimit origjinal.