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Germany To Devote $13.1bn Budget Surplus To Refugees– Finance Minister - Politics - Nairaland

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Germany To Devote $13.1bn Budget Surplus To Refugees– Finance Minister by FWJOBSNG: 2:16pm On Jan 13, 2016
Germany said it achieved a budget surplus of 13.1 billion dollars in 2015.

Finance Minister Wolfgang Schaeuble said on Wednesday at a press briefing in Berlin that the surplus would be spent on the country’s migrant influx.

“We will use the money to deal with the throngs of migrants reaching Germany, with 1.1 million coming in 2015 and 800,000 new arrivals predicted in 2016.

“We will urgently need this surplus to finance the extra costs associated with accommodating and integrating refugees.

“If possible, we would also like to get through the current year without incurring fresh debt,’’ he said.

The minister said aside from the surplus government plan to devote 7.6 billion euros of public funds to the migrant influx in 2016.

“Some 3.3 billion euros will go towards its own costs, while 4.3 billion euros will be divided among the country’s 16 federal states.

Schaueble attributed the surplus to economic growth and strong tax revenues, which nearly double as high as the figure predicted in November.

He said Germany balanced its budget for the first time in more than 40 years in 2014, meaning the country could achieve its third so-called “schwarze Null” “German for balanced budget’’ in 2016.

http://www.financialwatchngr.com/2016/01/13/germany-to-devote-13-1bn-budget-surplus-to-refugees-finance-minister/

Re: Germany To Devote $13.1bn Budget Surplus To Refugees– Finance Minister by LordAdam: 2:54pm On Jan 13, 2016
Politicians all around the world are the same.

The always find something to use money for.

If it is not to share the money, it is to devote it to useless agenda. 1.1m plus 0.8m people that are not your citizens will share more than (13.1b dollars) what 16 states of your own 80m people will share (4.3b euros).

If I was a german, I will relocate elsewhere until this migrant crisis ends. The same people you are feeding with your sweat hates your gut. It doesn't get more stupid than this.

-Lord

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