Tuesday, 02 January 2024 12:17 GMT

Swiss Committee Backs Lower VAT Rise To Fund Army Rearmament


(MENAFN- Swissinfo) A committee of the Swiss Senate has proposed a different way of funding the military rearmament programme from that put forward by the government. Under its plan, the VAT increase would be smaller, unspent budget allocations would also be used and the rearmament fund would remain in place for longer. Select your language
Generated with artificial intelligence. Listening: Swiss committee backs lower VAT rise to fund army rearmament This content was published on August 26, 2026 - 09:23 1 minute Keystone-SDA
    Deutsch de Ständeratskommission will tiefere Mehrwertsteuererhöhung für Armee Original Read more: Ständeratskommission will tiefere Mehrwertsteuererhöhung für

The Swiss Senate's Finance Committee has backed the proposal, according to a statement from the Parliamentary Services on Tuesday evening. The Security Policy Committee, which is leading work on the proposal, is due to discuss the matter shortly.

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