France planning to increase financing the army

Source : 112 Ukraine

The draft law foresees allocating 295 billion euro for the needs of army in the next 6 years
10:06, 9 February 2018

Open source

Minister of the Armed Forces of France Florence Parly has introduced a bill that foresees allocating around 295 billion euro for the needs of the army over the next six years, as DW informs.

According to the bill, the defence expense is to grow from the current 34,2 billion euro by 1,7 billion yearly. France intends to reach the target of defence spending amounting to 2% of the country’s GDP, which is the standard for NATO countries.

The vote is scheduled for this summer. Previously President Emmanuel Macron also stressed the necessity to increase the defence budget. 

Apart from that, the country is also to employ another 10,000 police officers.

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