German budget to spend more on military in 2019

2018/11/44669890_304-1541762596.jpg
Read: 515     16:32     09 November 2018    

Defense spending will go up by several billion euros next year, according to a newly agreed budget plan. The budget maintained Germany's zero-deficit tradition, but only by digging into its refugee reserve fund.


After over 15 hours of negotiations and numerous revisions, Germany's parliamentary budget committee hammered out the country's budget for 2019 early on Friday morning.

Opposition politicians took issue, however, with the increased military spending while renewable energies and other areas saw more modest raises.

What's in the budget?

Total spending will increase, with some €356.4 billion ($404.3 billion) in expenditures planned for next year — €13 billion more than 2018. For the sixth year in a row, the government has proposed a balanced budget with no new debts — holding on to its so-called "schwarze Null" or "black zero" policy. More money will be spent on the military, domestic security, development cooperation, infrastructure and families. The Defense Ministry alone will receive €43.23 billion to purchase new ships and transport helicopters, which is up from the €38.5 billion it got this year. The largest portion of the budget will continue to go to the Ministry of Labor and Social Affairs, which will get €145.3 billion next year — €6.1 billion more than in 2018. The amount of monthly child benefit payments for families is also set to rise.
The budget will also significantly increase the number of jobs in Germany's numerous ministries by around 8,750 positions.

Deutsche Welle



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German budget to spend more on military in 2019

2018/11/44669890_304-1541762596.jpg
Read: 518     16:32     09 November 2018    

Defense spending will go up by several billion euros next year, according to a newly agreed budget plan. The budget maintained Germany's zero-deficit tradition, but only by digging into its refugee reserve fund.


After over 15 hours of negotiations and numerous revisions, Germany's parliamentary budget committee hammered out the country's budget for 2019 early on Friday morning.

Opposition politicians took issue, however, with the increased military spending while renewable energies and other areas saw more modest raises.

What's in the budget?

Total spending will increase, with some €356.4 billion ($404.3 billion) in expenditures planned for next year — €13 billion more than 2018. For the sixth year in a row, the government has proposed a balanced budget with no new debts — holding on to its so-called "schwarze Null" or "black zero" policy. More money will be spent on the military, domestic security, development cooperation, infrastructure and families. The Defense Ministry alone will receive €43.23 billion to purchase new ships and transport helicopters, which is up from the €38.5 billion it got this year. The largest portion of the budget will continue to go to the Ministry of Labor and Social Affairs, which will get €145.3 billion next year — €6.1 billion more than in 2018. The amount of monthly child benefit payments for families is also set to rise.
The budget will also significantly increase the number of jobs in Germany's numerous ministries by around 8,750 positions.

Deutsche Welle



Tags: