Hungary Will Meet NATO Commitment This Year
Hungary will meet its NATO commitment to raise its defense spending to 2 percent of the GDP this year, one year ahead of schedule, Foreign Minister Péter Szijjártó said after a meeting of NATO counterparts in Brussels, according to MTI.
The country’s spending will even exceed 2 percent of its GDP, Szijjártó stated at a news conference. Hungary is one of nine NATO members to meet the 2 percent requirement this year, he added, dismissing “false accusations and doubts” about Hungary’s “commitment, reliability, and loyalty” to the alliance.
Hungary has also been spending at least 20 percent of its defense budget on development since 2019, he said, adding that 48 percent of the spending last year was on capacity building, putting Hungary in first place among the alliance’s 31 member states in this regard.
Much of the spending is linked to major investments in the domestic defense industry, the minister said.
Featured photo via Facebook/Hungarian Armed Forces
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According to Foreign Minister Péter Szijjártó, Hungary will meet its NATO commitment to raise its defence spending to 2% of the GDP this year, one year ahead of schedule. Hungary’s spending will even exceed 2% of its GDP, and the country is one of nine NATO members to meet the 2% requirement this year. Much of the spending is linked to major investments in the domestic defence industry. Hungary has also been spending at least 20% of its defence budget on development since 2019, with 48% of the spending last year on capacity building, putting Hungary in first place among the alliance’s 31 member states in this regard.
