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5% of France’s GDP dedicated to defense, this is the objective displayed by the government. What does this represent in the total budget?
“Today, the defense budget represents only 2% of national wealth, it is 60 billion euros”explained journalist Jean-Paul Chapel. According to the High Commission for Planning, which made its calculations by 2030, the budget would reach the bar of 100 billion euros if the defense represented 3% of GDP. “And at 5%, the final objective, we arrive at 172 billion euros, it would then be the first state budget, twice as much as the current budget of national education”he added.
The High Commission for Plan suggests several tracks in order to find all this money. First of all, an increase in taxes, even if the subject is taboo for the current government. There are also drops in spending in other ministries, but the task is more than born. It is also not excluded that Europe provides aid “To ensure the rearmament of the continent”According to Jean-Paul Chapel. Aids that will still have to be financed.
Watch the entire report in the video above