Story perspectives
New Zealand Plans to Double Military Spending by 2031
5/3/2025
25 5
1 of 3
Luxon Increases Military Budget
- New Zealand is set to ramp up its military budget, targeting a doubling of spending to 2% of GDP within eight years. Prime Minister Christopher Luxon reaffirmed the nation's commitment to Ukraine, pledging soldier training. This decision mirrors a global surge in military expenditures, which are expected to rise by 9.4% in 2024 amid escalating tensions with China and Russia.
1 / 3
