German governing parties announce US$3.3 billion for international COVID-19 response as part of US$141.8 billion stimulus package

On June 3, 2020, the German governing parties CDU/CSU and SPD agreed on a €130 billion (US$141.8 billion) economic stimulus package in response to the COVID-19 crisis. The package includes €3 billion (US$3.3 billion) in additional funding for the international COVID-19 response to fight the pandemic, expand humanitarian assistance, provide preventive health care, and scale up the economic exchange between Germany and the African continent. The €3 billion will be distributed from 2020-2021, with €1.5 billion allocated each year. 
 
Development Minister Gerd Müller welcomed the parties’ decision to increase funding for the global COVID-19 response, stating that Germany's efforts would send “an important sign of solidarity”. With the €3 billion the German Development Ministry’s (BMZ’s) Emergency COVID-19 Support Program could be expanded, he said, and Germany could contribute to stabilizing particularly affected crisis and refugee regions. 
 
Müller had originally requested an additional €3.2 billion (US$3.4 billion) in funding for the BMZ Emergency COVID-19 Support Program from Germany’s 2020 supplementary budget. As of yet, it is not clear whether the now announced €3 billion will be solely channeled via the BMZ, or whether the funding will be also distributed to other ministries, such as the Federal Foreign Office.

Press release – Coalition committee’s stimulus package (in German)

News article – Deutsche Welle

News article – dpa (in German)