Portugal commits to increasing defense budget ahead of schedule
Portugal’s goal of reaching the NATO-recommended 2% GDP spending on defense was originally set for 2030 but has now been brought forward to 2029.
On Monday, Prime Minister Luís Montenegro announced Portugal’s willingness to accelerate its timeline for increasing defense spending to 2% of Gross Domestic Product (GDP) by 2029, a commitment made in line with NATO goals.
Speaking at a press conference in Lisbon following a meeting with NATO Secretary General Mark Rutte, Montenegro emphasized Portugal’s dedication to strengthening its defense capabilities and aligning with broader European and NATO strategies.
In 2023, Portugal spent 1.5% of its gross domestic product (GDP) on its NATO commitments.
Focus on Collaborative Defense Efforts
Highlighting the interconnected nature of defense within the European Union (EU)—where 23 of 27 member states are also NATO members—Montenegro stressed the importance of collective action.
“There’s no point in each country focusing only on itself. This must involve mechanisms for investment and leveraging defense capabilities, which now need to be accelerated,” he stated.
He cautioned against duplicating efforts, calling for strategic coordination on defense investments across the EU.
Montenegro also noted that the push for greater investment in Europe’s defense infrastructure is unrelated to the recent election of Donald Trump as U.S. President.
“We have every interest in strengthening our relationship with the United States, but Europe must act independently of American domestic politics,” he said. The goal, he argued, is to enhance Europe’s autonomy, economic resilience, and welfare systems.
Portugal’s Commitment to Ukraine and NATO
The Prime Minister reaffirmed Portugal’s “unconditional support” for Ukraine, pledging assistance “for as long as necessary.”
He disclosed that in 2024 alone, Portugal’s aid to Ukraine amounted to €227 million, more than double the initial target. This support has included financial aid, military equipment, and specialized training for Ukrainian armed forces.
Montenegro also reiterated Portugal’s strong commitment to NATO, emphasizing the country’s active role in advancing the alliance’s strategic objectives.
He stressed that Portugal’s defense investments must align with both NATO and EU perspectives to ensure efficiency and effectiveness.
Accelerating Defense Investment
Portugal’s original goal of reaching the NATO-recommended 2% GDP spending on defense was set for 2030 but has now been brought forward to 2029.
This adjustment, Montenegro explained, reflects a “strong commitment” from the government and political consensus, including support from the opposition Socialist Party (PS). He acknowledged the financial challenge of accelerating the timeline but emphasized the importance of the move.
A task force involving multiple government ministries is currently finalizing plans to make Portugal’s defense sector more competitive and aligned with European and NATO objectives.
“We are not alone in Europe, nor should we be, and we must align our trajectory with the perspectives of the Atlantic Alliance and the European Union,” Montenegro stated.
Looking Ahead
Montenegro noted that NATO’s Secretary General considers the 2% GDP target insufficient, signaling the likelihood of further investment in defense.
He argued for EU countries to act as a bloc to ensure the efficiency of their policies and investments.
Increased spending, Montenegro suggested, will ultimately provide Europe with greater security and economic stability.
By reaffirming Portugal’s commitment to advancing its defense capabilities and its solidarity with NATO and EU allies, Montenegro underscored the government’s strategic priorities: ensuring national security, fostering international partnerships, and contributing to Europe’s collective strength in an uncertain global landscape.