|Author (Person)||Popławski, Konrad|
|Publisher||Centre for Eastern Studies (OSW)|
|Series Title||OSW Analyses|
|Content Type||Journal | Series | Blog|
On 25 November 2016, the Bundestag adopted a draft budget; for the fourth time in succession, Germany will not run a budget deficit. This will allow for a reduction in the public debt from 68% to 66% of GDP. The aim of the ruling coalition is, by the year 2020, to reduce the debt to below the limit of 60% of GDP as laid down in the Maastricht Treaty.
The German government’s priority is to increase expenditure on both domestic security and defence spending, the latter by €2 billion to €36.6 billion. The second objective is to resolve the problems connected to the migration crisis; in 2017 €19 billion were allocated to actions such as increasing the number of pending applications for asylum, German-language learning programmes, the development of social housing, and combating the causes of migration.
|Countries / Regions||Germany|