France Approves Massive $450 Billion Military Budget
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France Approves , Massive $450 Billion , Military Budget .
On April 4, the French government
approved the nation's largest
military spending in over 50 years. .
Fox News reports that the key budget bill
and the boost in military spending highlight
the impact of Russia's invasion of Ukraine.
The bill will see France spend
$450 billion on the military
between 2024 and 2030.
France's Defense Minister Sébastien Lecornu said the bill's
goals are similar to 1960s push to develop nuclear
weapons, which made France a major military power.
France's Defense Minister Sébastien Lecornu said the bill's
goals are similar to 1960s push to develop nuclear
weapons, which made France a major military power.
The new bill will modernize France's nuclear arsenal,
increase spending on intelligence by 60%, double military
reservists and develop more remote operated weapons.
Fox News reports that the bill will also see France's
arms industry increase production to meet
the needs of both the French military and Ukraine.
Fox News reports that the bill will also see France's
arms industry increase production to meet
the needs of both the French military and Ukraine.
An issue we unfortunately rediscovered
with the war in Ukraine is the issue
of the ammunition stocks …
We will need a ten-year period
of time to upgrade all infrastructures
and equipment of our military, Sébastien Lecornu, France's Defense Minister, via Fox News.
According to Lecornu, the budget bill
will be voted on by parliament by June
and could be enforced by mid-July.
President Emmanuel Macron's centrist
alliance does not hold a majority in either
house of France's parliament. .
President Emmanuel Macron's centrist
alliance does not hold a majority in either
house of France's parliament. .
However, Fox News reports that military officers have long
complained of diminishing military spending, while opponents
of the bill have pushed for increased defense spending. .
However, Fox News reports that military officers have long
complained of diminishing military spending, while opponents
of the bill have pushed for increased defense spending.
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