The 2024 Confederation accounts, announced with a deficit of 2.6 billion francs, should be better than expected, announces Finance Minister Karin Keller-Sutter. But for the following years, the situation will not improve, she warns.
“The one-off contribution of almost a billion that Parliament wants for the CFF will be paid in 2025 instead of last year,” explains the federal councilor in an interview broadcast on Sunday by Le Matin Dimanche and SonntagsZeitung. “But it is still impossible to quantify the additional income.”
The outlook, however, looks bleaker for the following years, with annual deficits of around 3 billion francs per year, she recalls. In 2026, there is already “an additional burden of around 2 billion”, due in particular to the 13th AVS pension, she notes.
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“The good news is that we will receive additional unanticipated revenue from Geneva.”
The canton of Geneva will receive significantly higher revenues for the years 2022 and 2023, in particular thanks to companies active in the trading of raw materials and energy, explains the Saint-Gallois PRL. “According to initial estimates, these extraordinary revenues could bring in several hundred million per year for the next three years.”
->> Reread: Good results from commodity trading companies fill Geneva’s coffers
Karin Keller-Sutter notes, however, that these sums are “far” from being sufficient “to restore federal finances.” Expenses continue to rise, she warns. The “relief package” only reduces spending growth from 3 percent to 2 percent, she adds.
ats/ther
Swiss
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