{"id":26915,"date":"2018-02-08T20:47:24","date_gmt":"2018-02-08T20:47:24","guid":{"rendered":"https:\/\/one.sightlinemg.com\/defensenews\/uncategorized\/2018\/02\/08\/france-proposes-big-defense-budget-hike\/"},"modified":"2026-08-07T22:22:11","modified_gmt":"2026-08-07T22:22:11","slug":"france-proposes-big-defense-budget-hike","status":"publish","type":"post","link":"https:\/\/one.sightlinemg.com\/defensenews\/global\/europe\/2018\/02\/08\/france-proposes-big-defense-budget-hike\/","title":{"rendered":"France proposes big defense budget hike"},"content":{"rendered":"\n

PARIS \u2014 France unveiled Thursday a draft of its 2019-2025 military budget plan, setting \u20ac295 billion (U.S. $361 billion) on spending, which included better barracks, larger orders of Army armored vehicles, and studies on next-generation nuclear submarines and airborne nuclear missiles.<\/p>\n\n\n\n

That spending plan compares to \u20ac190 billion in the present 2014-2018 budget law. The Armed Forces Ministry sees the budget law as a \u201crenewal,\u201d as the government seeks to \u201cregenerate\u201d the services<\/a>. A first phase consists of \u20ac198 billion in the present five-year government term, with defense spending rising \u20ac1.7 billion each year to hit \u20ac44 billion in 2023. That compares to the 2018 budget<\/a> of \u20ac34.2 billion.<\/p>\n\n\n\n

That expenditure is covered by the government spending cap, which seeks to rein in the French deficit to 3 percent of gross domestic product, as requested by the European Commission. France has pledged to spend 2 percent of GDP on defense by 2025, a target set by NATO for member states.<\/p>\n\n\n\t