France; 2021 defense budget approved

FRANCE approved €39.2b ($48b) defense budget for 2021, an increase of €1.7b (4.5%) over 2020

On December 17, the National Assembly adopted the 2021 budget. The share allocated to the Ministry of the Armed Forces increased by 1.7 billion euros compared to the budget voted last year, an increase of 4.5%, in accordance with the trajectory provided for by the Military Programming Law (LPM) 2019-2025.

France; 2021 defense budget approved

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