The Kyiv Independent – > 189
orig date 2023-07-13 18:06:48
21:20 13-07-2023
⚡️French Parliament approves significant boost to military budget, including Ukraine aid.
The French Parliament approved a significant boost in defense spending for the rest of the decade on July 13, spurred by the Russian aggression against Ukraine, the Associated Press (AP) reported.
President Emmanuel Macron submitted the $450 billion military budget plan for 2024-2030 to the French Parliament on April 4. This represents a 40% increase compared to the $320 billion budget for 2019-2025.
The increased funding will be used for modernizing nuclear and conventional weaponry, augmenting cyber defense, increasing personnel capacities, and ramping up production both for domestic needs and for Ukraine.