France to spend $8.4 billion on digital as part of stimulus plan

France to spend $8.4 billion on digital as part of stimulus plan

3 years ago
Anonymous $UzyKJJH9oy

https://techcrunch.com/2020/09/03/france-to-spend-8-4-billion-on-digital-as-part-of-stimulus-plan/

The French government unveiled a massive $120 million (€100 billion) stimulus package earlier today to recover from the economic downturn — it represents 4% of the country’s GDP. As part of this support plan, the government plans to spend a significant chunk on money on all things digital — startup investment, infrastructure investment and digital transformation.

I interviewed France’s digital minister Cédric O earlier today to get some details on how it’s going to work. Overall, France will spend $8.4 billion (€7 billion) on digital investments. This is a new investment plan for the next two years.