Swiss Federal Accounts Show Unexpected Recovery

Government reports CHF2.5 billion better-than-expected results with only CHF80 million deficit, marking first near-balanced books since Covid pandemic.

Key Takeaways

Swiss federal accounts show only CHF80 million deficit instead of budgeted CHF2.6 billion
Tax revenue exceeded budget by CHF1.2 billion
Provisional debt level at end of 2024 is CHF26.8 billion
Geneva-based commodity trading companies contributed to increased tax revenue

By The Numbers

CHF2.5 billion

Budget improvement

5.8%

Revenue increase

Expenditure increase

CHF1.6 billion

Expected additional income tax revenue over next three years

They Said

"This means that no additional cuts are likely to be necessary for the 2026 budget"
— Swiss Government Statement

Swiss Federal Accounts Show Remarkable Recovery

Better Than Expected Financial Performance

Sources of Improvement

Future Outlook and Challenges

Sources & References

Swiss federal accounts CHF2.5 billion better than expected

SWI swissinfo.ch

Key Takeaways

Swiss federal accounts show only CHF80 million deficit instead of budgeted CHF2.6 billion
Tax revenue exceeded budget by CHF1.2 billion
Provisional debt level at end of 2024 is CHF26.8 billion
Geneva-based commodity trading companies contributed to increased tax revenue