Swiss Federal Budget Deficit Shrinks to CHF200M

Government announces significantly reduced 2025 deficit from CHF800M to CHF200M, driven by unexpected tax revenue surge from Geneva energy traders.

Key Takeaways

AI

Swiss federal budget deficit for 2025 reduced from CHF800M to CHF200M
Tax receipts revised upwards by CHF1.5 billion for 2025
Geneva energy traders contributed CHF900M in additional tax revenue
CHF666 million allocated for EU research programs including Horizon Europe

By The Numbers

CHF200M

Expected 2025 federal budget deficit

CHF1.5B

Upward revision in tax receipts

CHF200M

Expected VAT revenue decrease

They Said

"This does not alter the fact that, without the implementation of Budget Relief Programme 27, deficits of several billion Swiss francs are expected for the years of the financial plan"
— Swiss Finance Ministry

1

Significant Reduction in Swiss Federal Deficit

2

Geneva Energy Traders Boost Tax Revenue

3

Budget Implications and Future Outlook

4

International Context and Impact

Sources & References

Swiss federal budget deficit to be lower than expected

SWI swissinfo.ch

Filed Under

economy federal budget taxation finance

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