The Swiss economy's recovery after the COVID-19 pandemic is also reflected in the government units' 2022 results. A financing surplus of 6.9 billion is anticipated for the general government (Confederation, cantons, municipalities and social security funds), due primarily to the high surpluses of the cantons and social security funds. By contrast, the Confederation's results are set to remain negative. Despite weaker economic growth in 2023 and 2024, the general government's fiscal balance is expected to stay positive. Switzerland's net debt ratio is likely to decline further in the coming years in the wake of the COVID-19 pandemic. This is shown in the latest financial statistics figures of the Federal Finance Administration (FFA).