Macron to hike military funds amid Ukraine war, new threats
French President Emmanuel Macron has proposed to boost military spending by more than a third by 2030 to face evolving threats
PARIS (AP) — French President Emmanuel Macron on Friday proposed to boost defense spending by more than a third through 2030 and to “transform" France's nuclear-armed military, to better face evolving threats and take into account the impact of Russia's war in Ukraine.
Macron announced a proposal for 413 billion euros (nearly $450 billion) in military spending for the period of 2024-2030, to ensure “our freedom, our security, our prosperity, our place in the world.”
That compares with spending of about 295 billion euros in a similar military plan for 2019-2025.
The money would notably go to modernizing France's nuclear arsenal, boosting intelligence spending by 60%, doubling the number of military reservists, reinforcing cyberdefense and developing more remote-controlled weapons.
