Forces: December 19, 1999

Archives

France has cut its military equipment budget for next year by 11%, from 86 billion French Francs to 77 billion (about $12 billion). Half of the cut came as the French government pledged to hold the overall growth of government spending to 1% (and took most of the cuts from the military), the other half was cut when the military was advised that previous government promises to fund foreign military operations (Bosnia, Kosovo) out of the central budget would not be kept and the military had to find the money inside its own budget. Defense Minister Alain Richard had promised the French defense industry that he would hold spending at 86 billion French Francs per year through 2002, but shows no signs of resigning in protest to cuts forced by the government. --Stephen V Cole

 


Article Archive

Forces: Current 2018 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 


X

ad
0
20

Help Keep Us Soaring

We need your help! Our subscription base has slowly been dwindling. We need your help in reversing that trend. We would like to add 20 new subscribers this month.

Each month we count on your subscriptions or contributions. You can support us in the following ways:

  1. Make sure you spread the word about us. Two ways to do that are to like us on Facebook and follow us on Twitter.
  2. Subscribe to our daily newsletter. We’ll send the news to your email box, and you don’t have to come to the site unless you want to read columns or see photos.
  3. You can contribute to the health of StrategyPage. A contribution is not a donation that you can deduct at tax time, but a form of crowdfunding. We store none of your information when you contribute..
Subscribe   Contribute   Close