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Germany: Migrants sent 17.7 billion euros to their home countries in 2016

The Ministry of Development in Berlin spent about 7.8 billion euros in 2016. That same year, migrants transferred the equivalent of 17.7 billion euros from Germany to their countries of origin. That’s about 6.5 billion more than in 2007, according to the federal government’s response to a question from the Alternative for Germany’s (AfD) parliamentary group in the Bundestag.

The main beneficiary countries include India, the Philippines, Mexico, Afghanistan, and Kosovo, but countries such as Moldova or Tajikistan appear on the list as well.

“We estimate that in 2015, refugee and migrant remittances from around the world amounted to about 602 billion euros, while development assistance amounted to 440 billion,” said Kirsten Schüttler, an economist at the World Bank. By contrast, world public development assistance is only about 150 billion.

Source: faz.net

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