23 September 2021
by Jean-Marc Tanguy
France continues to raise defence spending, which will reach EUR40.9 billion (nearly USD48 billion) in 2022, a EUR1.7 billion increase on 2021.
The breakdown of the draft budget approved by the Council of Ministers on 22 September will be EUR23.7 billion for equipment, EUR12.6 billion for salaries, and EUR4.6 billion for operating costs. In addition, EUR1.2 billion will be set aside for overseas operations, mainly ‘Barkhane' in Africa.
Already a Janes subscriber? Read the full article via the
Client Login
Interested in subscribing, see What we do
France continues to raise defence spending, which will reach EUR40.9 billion (nearly USD48 billion) ...