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Asylum seekers boost European economies: Study

MNA Business Desk: Asylum seekers moving to Europe have raised their adopted nations’ economic output, lowered unemployment and not placed a burden on public finances, scientists said on Wednesday.

An analysis of economic and migration data for the last three decades found asylum seekers added to gross domestic products and boosted net tax revenues by as much as 1 percent, said a study published in Science Advances by French economists.

The findings come amid a rise of anti-immigrant sentiment across Europe, where immigration peaked in 2015 with the arrival of more than a million refugees and migrants from the Middle East and Africa.

An annual report by the United Nations High Commissioner for Refugees released on Tuesday showed the global number of refugees grew by a record 2.9 million in 2017 to 25.4 million, reported news agency.

The research from 1985 to 2015 looked at asylum seekers – migrants who demonstrate a fear of persecution in their homeland in order to be resettled in a new country.

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