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The budget of the armies will increase by a third during 2024-2030 to 400,000 million euros

The French armies will benefit from a budget of 400 billion euros during the 2024-2030 period, that is, a third more than the previous allocation, Emmanuel Macron announced.

The French armies will benefit from a budget of 400,000 million euros during the period 2024-2030, within the framework of the future military programming law (LPM), that is, a third more than the allocation of the previous LPM, has announced President Emmanuel Macron on Friday.

In addition, the budget allocated to military intelligence will increase by almost 60% during the period 2024-2030, Emmanuel Macron also announced. The budget of the Military Intelligence Directorate (DRM) and the Defense Intelligence and Security Directorate (DRSD) will be doubled, he specified, with the objective of “having a war of advance.”

>> More information to come on BFM Business in a few moments. Also find the live from BFM Business on video and follow us On twitter.

Author: J.Br. with AFP
Source: BFM TV

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