Tuesday, 02 January 2024 12:17 GMT

Social Insurance Investment Returns Boost Swiss Accounts


(MENAFN- Swissinfo) Positive social insurance investment returns resulted in the Swiss consolidated accounts closing with a surplus of CHF11.3 billion in 2024. This content was published on April 16, 2025 - 14:28 2 minutes Keystone-SDA
  • Deutsch de Konsolidierte Rechnung des Bundes: Überschuss von 11,3 Milliarden Original Read more: Konsolidierte Rechnung des Bundes: Überschuss von 11,3 Milliarde

+Get the most important news from Switzerland in your inbox

But while the surplus rose from the CHF8.4 billion posted in 2023, this does not change Switzerland's financial difficulties, the government said on Wednesday.

In addition to the federal accounts already published, which are approved by parliament, the latest figures include the results of the federally related companies and social insurance schemes. It is not comparable with the basic federal accounts, which closed with a deficit of CHF80 million in 2024.

+ Switzerland outlines budget plan to save billions of francs

The improvement in the consolidated accounts compared to 2023 was mainly due to positive investment results of the social insurance funds.

They generated CHF7.5 billion compared to CHF6 billion in the previous year. There was also additional income from direct federal tax.

More More Swiss federal accounts CHF2.5 billion better than expected

This content was published on Feb 12, 2025 A deficit of CHF80 million instead of the budgeted CHF2.6 billion: for the first time since the Covid pandemic, the Swiss government has almost balanced its books

Read more: Swiss federal accounts CHF2.5 billion better than expecte

MENAFN16042025000210011054ID1109438151


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search