British Prime Minister Keir Starmer dropped a major policy bombshell Tuesday, pledging to ramp up UK defense spending to 2.5% of GDP by 2027 🚀. The announcement comes just days before high-stakes talks with U.S. President Donald Trump in Washington.
Here’s the breakdown:
- 💰 Funding shift: Overseas development aid will be cut from 0.5% to 0.3% of GDP
- 📈 Current defense spending: 2.3% of GDP in 2023/24
- 🗓️ Timeline: Full target hit within next three years
Calling it \"a vital investment in global stability,\" Starmer emphasized the need for \"strong alliances in uncertain times\" 🌍⚖️. Analysts speculate the move aims to align with U.S. priorities ahead of this week’s crucial transatlantic meetings.
Reference(s):
cgtn.com