The Asylum Crisis is Costing Germany Almost 21.7 Billion Euros in 2016
BERLIN. [Junge Freiheit] The asylum crisis cost the Bundesrepublik 21.7 billion euros last year. This is evident from the monthly report published by the Federal Ministry of Finance on Friday. For this year, € 21.3 billion has been earmarked for the national budget.
For the reception, registration and accommodation of asylum seekers, the federal government spent 1.4 billion euros, for integration services 2.1 billion and for combating the causes of flight 7.1 billion.
Social benefits of the federal government cost another 1.7 billion euros. As a direct relief, the federal government also provided the federal states and municipalities with 9.3 billion euros.
" Huge stimulus package"
"More than 90 percent of the federal expenditures," says Ferdinand Fichtner, the economic researcher of the German Institute for Economic Research (DIW), have, however, continued into the economy, such as the spending of refugees for foodstuffs and other consumer goods, rental payments or construction investments. "This can also be described as a huge economic stimulus program," Fichtner told the news agency Reuters.
In 2015 about 890,000 asylum seekers had come to Germany, 2016 about 280,000. According to the report, "high entry rates" were limited to the year 2015.
"Into the black" could be held
The Ministry points out that on paper, in 2016, the Bundesrepublik could, for the third year in a row forgoing new debts and still keeping in the "black" with the budget. A surplus of 6.2 billion euros had even been achieved. This was due above all to the high tax revenues and low interest rates.
At around EUR 289 billion, the Federal Government achieved a 2.6 percent increase in tax revenues in 2016 compared to the previous year. At EUR 288.6 billion, the increase was 7.7 percent for the federal states. At the same time, the government had to pay 17.5 billion euros interest last year - 2.8 billion euros less than expected. In 2015 the interest payments amounted to more than 21 billion euros. (Gb)