Defense Ministers Take Aim At Alliance Budget Shortfall

February 08 2010

NATO

NATO defense ministers have reached an agreement on meeting a budget shortfall of nearly US$900 million, reports the Deutsche Presse-Agentur.

Meeting in Istanbul, Turkey, last week the officials decided to put new funds into NATO's accounts, but did not specify how much.

The deficit has been blamed on higher-than-expected spending on infrastructure for troops in Afghanistan.

Some savings are expected to be realized by postponing or canceling some military programs.

The...

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