New Zealand's Ambitious Military Spending Plan: A Steady Ascent
Published on: May 29, 2026, 3:55 p.m. | Source: Devdiscourse
New Zealand plans to nearly double its military spending to reach 2% of GDP within eight years. Defence Minister Chris Penk aims for a 'smooth and steady' trajectory despite potential fluctuations. The government has allocated significant funding for new assets, including drones and naval replacements.
