Report: Sweden Defense Budget Will Increase By An Additional 53 Billion Kroner

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More investment should be made in active duty soldiers. Photo: Adam Ihse/TT
Among these funds will be allocated to increase the number of conscripts and strengthen air defense. This year’s defense budget is approximately 119 billion. According to the NATO definition, adding these items, the defense budget is estimated at 2.6% of GDP.
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The Defense Preparedness Committee suggests that the country’s defense budget be increased by an additional 52.8 Billion [SEK] kroner by 2030.

According to the Defense Preparedness Committee, defense affairs should be adapted to NATO membership, and the serious political and security situation requires more efforts in the field of military defense.

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