Navigation

Skiplink Navigation

Main Features

Government agrees framework budget for 2002

Switzerland's finance minister, Kaspar Villiger

(Keystone Archive)

The government has agreed the budget framework for 2002 based on a forecast of real growth in GDP of 1.75 per cent and an inflation rate of two per cent.

The GDP forecast is higher than the 1.6 per cent predicted by the Swiss National Bank in December but below the two per cent forecast made by the Organisation for Economic Cooperation and Development.

The details of the 2002 budget are due to be published in April.

The Finance Ministry also said it was pleased with the 2000 budget surplus of SFr4.55 billion ($2.73 billion) which it put down to improved economic circumstances.

The surplus will be used to pay off part of the national debt which stood at around SFr104 billion at the end of 2000.

swissinfo with agencies


Links

Neuer Inhalt

Horizontal Line


subscription form

Form for signing up for free newsletter.

Sign up for our free newsletter and get the top stories delivered to your inbox.

swissinfo EN

The following content is sourced from external partners. We cannot guarantee that it is suitable for the visually or hearing impaired.

Join us on Facebook!

×