Government replenishes aid budget after asylum costs drop

1:16 min

Sweden will replenish its foreign aid budget by SEK 6.4 billion this year, after the government used the budget in recent years to finance the nation's asylum reception and care system.

In the spring, the government announced it was reducing foreign aid by SEK 3.9 billion in order to handle the 163,000 asylum applications, the highest number per capita in the EU, that were registered during 2015.

The government now believes asylum costs will be lower this year and is returning the borrowed funding as well as raising the total amount.

Writing in an op-ed in newspaper Dagens Nyheter, Sweden's Minister for International Development Cooperation Isabella Lövin and Finance Minister Magdalena Andersson said the added funding will go toward projects run by the government development agency Sida, support for the World Bank and the African Development Bank as well as the Global Fund to Fight AIDS, Tuberculosis and Malaria.

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