this post was submitted on 23 Nov 2023
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Switzerland

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Swiss government sees CHF2-3bn annual deficits for 2025-2027 (www.swissinfo.ch)
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The Swiss federal government expects annual financial deficits of CHF2 billion-CHF3 billion ($2.3 billion - $3.4 billion) for 2025-2027, it said on Wednesday. Higher spending on migration, state pensions, defence and support towards health insurance premiums are to blame.

From 2025, Switzerland must expect persistent deficits of several billions, which will increase further in the coming years, the Federal Council said in a press release on Wednesday. The financial plan adopted this summer was already in deficit. ...

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