The German government is allocating the equivalent of $73.41 billion for defence spending in the current year, dpa reported. German Chancellor Olaf Scholz had this week stated that Germany would meet the NATO target, but the government has not divulged precise figures so far. NATO defence ministers are due to meet in Brussels on Thursday. A separate meeting of the Ukraine Defence Contact Group, hosted by the United States, takes place on Wednesday. Scholz's government has spotlighted its rising defence spending at an uncertain time for the North Atlantic Treaty Organization.

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Persons: Olaf Scholz, Donald Trump, Boris Pistorius, Trump, Pistorius, Trump's, Alex Ratz, Matthias Williams, Miranda Murray, Ros Russell Organizations: BERLIN, NATO, dpa, Ukraine Defence Contact, North Atlantic Treaty Organization, Former, WELT, German, America Locations: Germany, Ukraine, Brussels, United States