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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

Macron Boosts French Military Spending by over a Third to ‘Transform’ Army

French President Emmanuel Macron looks on as he visits the Richelieu site of the Bibliotheque Nationale de France (National Library of France), after the completion of the renovation project and the 300th anniversary of the installation of the royal collections, in Paris, France, September 28, 2021. (Reuters)

France will boost military spending by more than a third in coming years, President Emmanuel Macron said on Friday, as he unveiled ambitions to transform the French army to deal with the great "perils" of this century. 

Acknowledging the end of the "peace dividend" of the post-Cold War era, Macron said the planned 2024-2030 budget would adapt the military to the possibility of high-intensity conflicts, made all the more urgent since Russia's invasion of Ukraine almost 11 months ago. 

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