According to the new plan, the country will reach NATO’s target of 3.5% of GDP by 2030, five years ahead of the Alliance’s previous schedules, News.Az reports, citing foreign media.
***
One of the key points of this strategy is to significantly strengthen support for Ukraine. In particular, in 2026, the government proposes to increase funding for Ukraine by about €509 million to meet immediate defense needs.
Overall, the economic plan provides for an additional €34.2 billion to be allocated throughout the program’s implementation period. These funds will be used for large-scale rearmament and strengthening Denmark’s military presence within NATO’s collective security framework.
According to the schedule, annual expenditures will gradually increase from an additional €2.87 billion in 2027 to more than €6 billion annually at the end of the decade. This funding will supplement the funds already reserved under the previous 2023 defense agreement.
