Sweden's parliamentary committee has recommended increasing the military budget by nearly $5 billion until 2030 to improve air defenses and expand conscription.
Sweden should increase its military budget by nearly $5 billion until 2030 to strengthen its air defenses and beef up the number of conscripts, a Swedish parliamentary committee recommended Friday. The Scandinavian country joined the NATO alliance in March, moving away from a decades-long policy of neutrality in the wake of Russia's full-scale invasion of Ukraine in 2022.
Sweden’s current military budget is about $11 billion. The center-right, three-party coalition of Sweden's Prime Minister Ulf Kristersson is likely to follow most of the commission's recommendations in the report, which was presented Friday.
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