France's President Emmanuel Macron has announced an accelerated plan to double the nation’s defense budget by 2027, three years earlier than previously planned, in response to growing geopolitical instability.
Initially set for completion by 2030, the goal to double defense spending from 2017 levels will now be achieved by 2027, Macron confirmed on Sunday. The military budget, which stood at €32 billion (\$37.4 billion) in 2017, will rise to €64 billion under the new timeline.
Macron stated that the increase will be supported by boosting economic activity rather than imposing new financial burdens. His remarks come as France faces the challenge of addressing a €40 billion shortfall in its 2026 national budget.
Addressing the strategic importance of financial sovereignty, Macron remarked that military independence is closely tied to economic independence. He stressed that the increase in defense expenditure will be funded through enhanced national productivity and growth.
Prime Minister François Bayrou is expected to deliver a detailed address on Tuesday outlining the government’s fiscal strategy for 2026, including how it plans to balance expanded defense spending with broader economic reforms.
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