Coronavirus: two options for debt reduction

30.06.2021

During its meetings on 23 and 30 June 2021, the Federal Council decided to recognize the supplementary distributions of the Swiss National Bank (SNB) as extraordinary receipts in the future. Based on this preliminary decision, the Federal Council intends to submit two options for reducing the extraordinary debt resulting from the COVID-19 pandemic for consultation: on the one hand, medium-term reduction through financing surpluses; on the other hand, the option of offsetting some of the COVID-19 debt against the debt reduction of previous years and reducing the remainder. As things currently stand, both options can be implemented without saving measures.

Last modification 30.06.2021

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