Germany Boosts Military-Related Infrastructure Spending
Germany's Chancellor Friedrich Merz announced plans to allocate 1.5% of its economic output to infrastructure with military uses, in addition to the 3.5% dedicated to military procurement under NATO guidelines. This move indicates an increased commitment to bolstering infrastructure such as roads and bridges beneficial for military purposes.
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- Germany
Germany is set to allocate 1.5% of its economic output to enhancing infrastructure with military applications, Chancellor Friedrich Merz confirmed on Wednesday. This initiative marks a significant step in bolstering the nation's defense capabilities.
During a construction industry event, Merz highlighted that the new allocation would be supplementary to the 3.5% Germany has already committed to military procurement, as per NATO requirements. This development suggests a broader investment in infrastructure crucial for military logistics.
"As we approach the NATO summit slated for late June, we've pledged to meet the 3.5% NATO target for military procurement, with an additional 1.5% dedicated to infrastructure like roads and bridges that support military operations," stated Merz.
(With inputs from agencies.)
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- Friedrich Merz
- defense
- procurement
- roads
- bridges
- economic output
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