Switzerland raises funding for International Geneva
Switzerland aims to strengthen its position as a host country of global NGOs by approving a credit facility of CHF122.6 million for 2026-2029.
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Following in the footsteps of the House of Representatives, the Senate has approved a spending ceiling, mainly for the benefit of international Geneva, which is facing a budget crisis.
+ Swiss budget cuts raise pressure on International Geneva
In June, the Swiss government adopted a package of urgent measures including a framework credit. This has been increased by 5% compared with the previous period to strengthen the reception, infrastructure, partnerships and governance of new technologies.
Some political parties argued for budgetary savings, and sought to halve the budget, with a ceiling set at CHF61.3 million. On the other hand, the left wanted to go further than the government and requested a commitment credit of CHF152.6 million.
In the end, the government’s proposal remained unchanged. In the overall Senate vote, it was approved by 36 votes to three.
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Foreign aid cuts: where does Switzerland stand?
Translated from French by DeepL/mga
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