The pandemic has had a profound impact on federal finances. However, Switzerland's low government debt means that it is well positioned.
Table: Federal measures (in CHF mn)
Data as at: 11 December 2020
Switzerland's low government debt means that the country and especially the Confederation are in a sound financial position. The debt brake is designed to be flexible in exceptional circumstances and allows for considerable additional expenditure. It contains an exemption for uncontrollable contingencies, such as severe recessions, natural disasters, acts of war and other exceptional events. This exemption ensures that the Confederation can react flexibly in a crisis, without compromising the proper performance of its tasks.
Last modification 15.12.2020