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NATO agrees 2021 civil and military budgets"Report" studio AIC Analytics Art Business Cultural policy Diaspora Domestic policy Ecology Education and science Energy European Games Exhibitions Finance Football Foreign policy Health ICT Incident Individual sports Industry Infrastructure Interesting Karabakh Literature Media Military Milli Majlis Multimedia Nagorno-Karabakh conflict Other countries Region Religion Show business Social security Team sports Tourism World Cup 2022
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NATO Allies have agreed on the civil and military budgets for 2021, Report says, citing TASS.
At a North Atlantic Council meeting on Wednesday (16 December 2020), Allies agreed on a civil budget of €258.9 million and a military budget of €1.61 billion for 2021. According to an agreed cost-sharing formula based on Gross National Income, all member countries contribute to these budgets.
The civil budget provides funds for personnel, operating costs, and program expenditures at NATO Headquarters in Brussels and has risen by 0.9% from the 2020 level. The military budget covers the operating expenses of NATO Command Structure headquarters and programs, missions, and operations worldwide and has risen 5% from the 2020 level. I
n 2021, €254.9 million of the military budget will go toward funding NATO’s missions and operations, including the Resolute Support Mission in Afghanistan, NATO’s training mission in Iraq, and the KFOR peace support operation in Kosovo.
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