IMF: Spain Needs Five Million Migrants to ‘Pay Pensions’ Despite 34% Youth Unemployment

Spain must open its borders to more than five million migrants over the coming decades in order to fund the pension system, the International Monetary Fund (IMF) has declared.

According to the organisation, which is led by arch-globalist Christine Lagarde, the Mediterranean nation must welcome 5.5 million migrants before 2050 in order to ease dependency ratio woes which can result from an ageing population.

This claim comes despite data that shows 3.5 million Spaniards are presently unable to find work, and that the country’s youth unemployment rate is stuck at 34 per cent. Even though Spain already has that huge wealth of untapped human potential suffering from unemployment, the IMF insisted that mass migration is the solution, by “increas[ing] the number of contributors to the pension system”.

Despite employment rates for non-EU migrants languishing significantly below those of citizens born in the bloc across Europe, the IMF’s claim that mass migration is good for the continent echoes remarks made by Spanish socialists this month, as the country overtook Italy and became the number one destination for migrant arrivals in the Mediterranean.

As Breitbart London previously reported, authorities estimate more than 50,000 sub-Saharan Africans are waiting in Morocco to travel to Spain after a series of pro-open borders moves by the government, which went out of its way to welcome boats of illegal immigrants refused permission to disembark in Italy.

Secretary of State for Social Security, Octavio Granado, declared “immigrants are more of an opportunity than a threat”, assuring voters that only by welcoming newcomers from Africa can the nation “maintain our lifestyle”.

“Our social protection system needs millions of contributors,” he said, in response to the opposition Popular Party protesting that Spain “cannot absorb millions of Africans who want to come to Europe in search of a better future”.

While authorities warn that migrants have become increasingly violent at Spain’s north African enclave, after police were recently attacked with makeshift flamethrowers and other weapons as hundreds of people stormed the border at Ceuta, one of the Socialist government’s first announcements was the vow to tear razor wire down from fences protecting the nation’s frontiers.

Speaking at the beginning of this month, Foreign Minister Josep Borrell said Spaniards should be grateful for an influx of illegal immigrants from the world’s poorest and most violent regions, asserting that, “Europe’s demographic evolution shows that unless we want to gradually turn into an ageing continent, we need new blood, and it doesn’t look like this new blood is coming from our capacity to procreate.”