Swiss Economicblogs.org
Negative government budgets are not the norm in Switzerland. Over the 23 years since 2000, 14 federal budgets have been positive and 9 negative. This week the federal government signed off on a negative budget for 2023 with a hole of CHF 4.8 billion in it, bringing the number of negative budgets since 2000 to 10. © Pichetw | Dreamstime.comIn 2023, Switzerland’s federal government expects to spend CHF 86.2 billion, CHF 4.8 billion more than CHF 81.3 billion it expects to collect. A...
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