Denmark's government has unveiled a proposal to invest 143 billion Danish crowns ($21.14 billion) in defense over the next decade, aligning with its commitment to
meet NATO's spending target. As a founding member of NATO, Denmark had reduced its military capabilities focused on land warfare in Europe following the Cold War. However, in response to the Ukraine crisis, the country pledged to increase defense and security spending to 2 percent of its gross domestic product (GDP) by 2030—a crucial objective for NATO member states.
The acting defense minister, Troels Lund Poulsen, emphasized the need for Denmark to meet the demands and expectations of NATO and its allies. He stated, "This requires significant investments in our armed forces to shoulder our share of the responsibility." The proposed plan will gradually scale up spending to 19.2 billion crowns ($2.84 billion) by 2033, starting from 6.9 billion crowns ($1 billion) next year.
The government's proposal outlines the overall framework for defense spending, while specific decisions on military procurements will be made continuously. Denmark aims to bolster its defense capabilities to fulfill its obligations within NATO and enhance its ability to meet future challenges. Photo by GRAFENWOEHR, BY, DE, Wikimedia commons.