The North Atlantic Treaty Organisation (NATO) is undergoing a seismic financial transformation. In what analysts call the most significant defence spending shift since the Cold War, member states have agreed to ramp up military budgets from 2% to 5% of GDP, dramatically altering the alliance’s strategic and fiscal landscape. This change comes as Al Jazeera and other global outlets report that U.S. military spending nearly doubles the combined budgets of all its NATO allies. The move to increase commitments is seen as both a response to growing global threats and a bid to ease the burden long shouldered by Washington.