Angela Merkel’s program includes zero debt, as usual. The welfare program absorbs more than half of the resources. It also includes real funding for the migrant emergency. And a “high-tech investment package” to the economy made in Germany. On July 6, Finance Minister Wolfgang Schäuble signed the report accompanying the “Draft Law on the financial statements of the Bundesrepublik 2017-2020.”
These are not virtual numbers. The accounts are safe. The spending commitments are detailed. The program is developed with the utmost respect of the constraints of the European Union. It provides a clear vision of the government. In short, the identikit of the third Merkel government in the “white semester” that precedes the political vote in 2017. The budget commits the majority of the Grand Coalition with the SPD Sigmar Gabriel (who just came back from a visit to Tehran).
Nearly €20 billion are allocated for the integration of refugees. Another €22.7 billion go to the education sector. And another €2.2 billion were added to the new security package. Not to mention than half of the federal budget will be invested in social programs (€171 billion out of €328.7 billion).