Dutch Cabinet Approves NATO’s 5% Defense Spending Target

Dutch Prime Minister Dick Schoof’s caretaker cabinet agreed to increase defense and security spending to 5% of gross domestic product by 2032 in line with the North Atlantic Treaty Organization’s proposed target.

The government, which lost its parliamentary majority last week, is playing host to a NATO summit on June 24-25 in The Hague. President Donald Trump, who has demanded that allies spend 5% after threatening to pull out of the alliance, is expected to attend.