On July 1, 2020, the German Parliament approved a second supplementary budget for 2020 worth €24.0 billion (US$26.2 billion) to finance Germany’s response to the COVID-19 crisis, as well as its economic stimulus package. The German government will, therefore, spend a total of €508.5 billion (US$554.6 billion) this year.
The supplementary budget includes budget increases for the Federal Ministry for Economic Cooperation and Development (BMZ) amounting to €1.6 billion (US$1.7 billion) for 2020. BMZ’s budget will, thus, amount to €12.4 billion (US$13.6 billion) in 2020. Another €1.6 billion in budget increases will be added towards BMZ’s 2021 budget. Taken together this sum almost equals the €3.2 billion (US$3.4 billion) requested by Development Minister, Gerd Müller, to finance his Corona Response Package.
BMZ’s budget increases for 2020 encompass increased contributions to international organizations amounting to a total of €48 million (US$52 million). For example, Germany’s contribution to the ‘Global Partnership for Education Fonds’ (GPE) increased from €50 million (US$55 million) to €75 million (US$82 million) and its contribution to UNICEF will be raised by €20 million (US$22 million) to a total of €90 million (US$98 million) in 2020.
Through the second supplementary budget, the Foreign Office (AA) will receive €560 million (US$611 million) for ‘Humanitarian Assistance and Crisis Prevention’. The Ministry of Health (BMG) will receive an additional €22.8 billion (US$24.9 billion).
The Ministry of Education and Research (BMBF) will receive an additional €2.0 billion (US$2.2 billion), including €560 million (US$611 million) channeled to the budget line 'Health research and health economy'.