Defense Ministers Take Aim At Alliance Budget Shortfall
February 08 2010
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...
Please log in to continue reading.
Not yet a subscriber? Take a free trial.
Military Periscope gives you easy-to-use, integrated, open-source intelligence on…
- More than 7,500 weapons systems and platforms
- Nearly every country's armed forces
- Militant organizations
Try Military Periscope free for seven days
Your online source for military news, weapons, and nation's armed forces worldwide
Military Periscope FEDLINK information
Service ID: UC
Contract Number: LCFDL24D0002
Military Periscope is a product of GovExec.
600 New Hampshire Ave., Suite 510,
Washington DC, 20037, USA.
customerservice@militaryperiscope.com
©Military Periscope 2025
All rights reserved. Redistribution of the content is prohibited without prior consent of Military Periscope.