Swedish Prime Minister Ulf Kristerson, at a press conference, Sweden has been experiencing the most serious security problem since World War II since the 2nd World War, “Therefore, we will make 300 billion crowns for defense weapons in the next 10 years.” He said.
“Sweden has a stable economy and we can catch the stable growth rate with additional investment,” Kristerson said that they will make the most troops and weapons investments in the defense since the Cold War days. he said.
As a NATO member country of Sweden, Kristersson stated that they transfer 2.4 percent of the gross domestic product (GDP) to defense expenditures, stressed that they plan to increase defense expenditures to 3.5 percent of GDP until 2030.
(AA)