Switzerland will contribute SFr70 million ($61.7 million) to the International Committee of the Red Cross for the current year, the cabinet announced on Wednesday.
The money will come from Switzerland's humanitarian aid credit facility.
The Swiss-run ICRC is Switzerland's most important partner in the area of international humanitarian aid. In 2007 Switzerland was one of the four biggest donors to the organisation.
The ICRC has a mandate under international law to help victims of conflicts and internal violence anywhere in the world. It has 80 delegations worldwide, whose missions are coordinated by the Geneva headquarters.
In compliance with the JTI standards