https://www.taxtmi.com/news?id=47386 NATO leaders are poised to endorse a collective defence spending pledge targeting an overall 5% of GDP comprised of a higher core defence-spending component and a broader preparedness/infrastructure component. The summit emphasizes a no opt-out principle, establishes periodic national reporting and a formal mid-term review to monitor progress, and assigns capability targets to each member. Political and economic constraints, plus claims of exceptions, shape how individual members can meet the combined spending and capability obligations. en-us Tue, 24 Jun 2025 07:31:03 +0530 Tue, 24 Jun 2025 07:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=47386 NATO leaders are poised to endorse a collective defence spending pledge targeting an overall 5% of GDP comprised of a higher core defence-spending component and a broader preparedness/infrastructure component. The summit emphasizes a no opt-out principle, establishes periodic national reporting and a formal mid-term review to monitor progress, and assigns capability targets to each member. Political and economic constraints, plus claims of exceptions, shape how individual members can meet the combined spending and capability obligations. News - Tue, 24 Jun 2025 07:31:03 +0530 https://www.taxtmi.com/news?id=47386