Emmanuel Macron announced that he wanted to strengthen the budget effort for defense, this Sunday, July 13, during his speech to armies. Expenses of 3.5 billion euros were announced in 2026 and then 3 billion more were announced in 2027.
Therefore, the defense budget will double in 2027, to reach 64 billion euros, compared to 2017, while the initial objective was established in 2030 “.” An update of the Military Programming Law “by 2024-2030” will be presented in autumn, “said the head of state.
A “new” and “historical” effort
“This new historical effort is proportional, it is credible, it is essential,” said Emmanuel Macron, developing a list of international threats, of the war launched by Russia in Ukraine with the risk of US military disconnection in Europe, including “hybrid” attacks, the risks of confrontations between nuclear powers and attitudes of “predators” of certain states or private actors.
Emmanuel Macron said “reject” that this “new and historical effort” is funded by “debt”, at a time when the government must give a clear screw to try to straighten public accounts.
Prime Minister François Bayrou will have to announce on Wednesday, July 15 “how to finance this effort,” said the President of the Republic.
Source: BFM TV
