Public spending on migrants to boost Norway's economy - statistics agency


  • World
  • Thursday, 03 Dec 2015

OSLO (Reuters) - An extra billion dollars spent on the tens of thousands of migrants arriving in Norway this year will stimulate the economy although increased public spending would need to be reined in at a later point, the statistics agency said on Thursday.

Some 35,000 people seeking protection are expected to arrive this year, triple the number it was last year, leading the government to raise its 2016 budget spending forecasts by some 9.5 billion crowns (736.66 million pound) in October.

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