Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Lebanese Ministry of Health: Final toll from airstrike on car in Zebdine, Nabatieh District: Two martyrs, four injured
Egyptian media: Indirect talks between Hamas and Israelis begin in Sharm el-Sheikh.
AFP: France's new PM Sebastein Lecornu resigns just hours after unveiling cabinet.
Trump: Technical teams will meet again on Monday in Egypt to discuss and clarify the final details, and the first phase is scheduled to be completed this week
US President Donald Trump: Talks with Hamas have been very successful and are moving at a rapid pace
Local sources in Aleppo: Violent clashes erupt between the SDF and factions affiliated with the transitional authority on the Deir Hafer and Tishrin Dam fronts in the eastern Aleppo countryside
Israeli media: Interceptor missiles fired in an attempt to shoot down the drone
IOF Spokesperson: Sirens sounded amid suspected "enemy aircraft" infiltrating the Eilat area
Israeli media: "Israel" won the battle but lost the war strategically and politically
Israeli media: Ben Gurion Airport's airspace closed to air traffic following missile launch from Yemen

Macron: Military Budget to increase to $433Bln between 2024 and 2030

  • By Al Mayadeen English
  • Source: Agencies
  • 20 Jan 2023 21:41
2 Min Read

French President Emmanuel Macron announces a 30% increase in the 2024-2030 cycle.

  • x
  • French President Emmanuel Macron talks a soldier as he visits the Mont-de-Marsan air base, southwestern, Friday, Jan. 20, 2023, France (AP Photo/Bob Edme, Pool)
    French President Emmanuel Macron talks to a soldier as he visits the Mont-de-Marsan air base, southwestern, Friday, Jan. 20, 2023, France (AP Photo/Bob Edme, Pool)

Military spending in France is to reach $433 billion in the 2024-2030 cycle, according to a Friday statement by French President Emmanuel Macron, who noted that the new spending budget marked an increase of $113 billion increase from $320 billion in the 2019-2025 cycle.

At an address to the army at the Mont-de-Marsan air base, Macron noted "The law on military programming (LPM) for 2024-2030 reflects the efforts made by the state to strengthen its army. They are proportionate to current dangers, which are significant. In 2024-2030, the government will allocate 400 billion euros ($433 billion) to the defense ministry."

The President noted that part of the spending will be directed towards increasing the power of French air defense systems 2-fold. French intelligence will also receive a 60% budget increase in the next 7-year cycle.

Macron further noted that non-budgetary spending, which will reach approximately $14 billion, will also be spent on infrastructure and other related matters.

Related News

French markets plunge as PM quits after just 12 hours in office

France’s prime minister resigns hours after cabinet unveiled

Regarding the continued efforts to modernize the French nuclear deterrence forces, Macron emphasized that $6 billion will be allocated to that purpose, in 2023 alone.

The budget increase, the French President argued, came against the backdrop of the war in Ukraine. He explained that the French military must "reform and transform" if it is to be able to operate both within NATO and independently.

"It is necessary to pay special attention to the speed of response and build up the power of our army, because we do not choose the conflicts in which we might have to participate," Macron added.

Furthermore, Macron emphasized that in order to remain competitive, France should invest in military-related new technologies, such as the development of quantum computers and artificial intelligence.

Read more: Nationwide union strikes in France take place against Macron reforms

  • Emmanuel Macron
  • military spending
  • France

Most Read

Iraq at a crossroads: A new war front?

Iraq at a crossroads: A new war front?

  • West Asia
  • 30 Sep 2025
A Hamas fighter in combat fatigues stands before the ceremony for the handover of Israeli captives to the Red Cross in Nuseirat, central Gaza Strip, Saturday, February 22, 2025 (AP)

Hamas responds to Trump plan, backs Gaza withdrawal, exchange

  • Politics
  • 3 Oct 2025
Tucker Carlson speaks at a memorial for Charlie Kirk, Sunday, September 21, 2025, at State Farm Stadium in Glendale, Arizona (AP)

Tucker Carlson: Israeli officers gave orders on Iran inside Pentagon

  • Politics
  • 2 Oct 2025
ap

'Israel' pays influencers $7K per post to whitewash Gaza genocide

  • Politics
  • 1 Oct 2025

Coverage

All
War on Gaza

Read Next

All
Hezbollah's representative in Iran, Sayyed Abdullah Safieddine, during an interview with Al Mayadeen which aired on October 6, 2025 (Al Mayadeen)
Politics

Tehran never interferes in Hezbollah decisions: Representative in Iran

Smoke billows over the Gaza Strip following an Israeli bombardment, as seen from southern Palestine, Sunday, Oct. 5, 2025. (AP)
Politics

Indirect talks for a ceasefire in Gaza begin in Sharm El-Sheikh: Egypt

Fighters from the Syrian Democratic Forces (SDF) prepare to attend a military parad in Qamishli, northeastern Syria, Tuesday, August 12, 2025 (AP)
Politics

Security forces seal Aleppo’s Sheikh Maqsoud, Ashrafieh districts

Amsterdam Captain Mohammed Ali Mohiuddin, who took part in the Global Sumud mission to Gaza, talks to Al Mayadeen on October 6, 2025 (Screengrab)
Politics

GSF captain says despite abuse, 'Israel weaker than spider's web'

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS