Finance ministry projects lower budget surplus
The federal budget is expected to end the year SFr400 million ($370 million) in the black, according to revised projections released by the Swiss finance ministry.
This is significantly lower than the SFr948 million surplus calculated in the 2009 budget, which was approved by parliament in December.
Although the public accounts will be less healthy than expected, the picture could be worse considering the global economic crisis.
While the tax take for 2009 is now expected to shrink by SFr1.4 billion, non-fiscal receipts are predicted to exceed estimates by SFr100 million.
However, the finance ministry warned that the scenario for this year could not be repeated in the coming years.
swissinfo.ch and agencies
More
In Switzerland, New Year brings ‘burka ban’ and pension hikes
More
Aussie adoptee gains Swiss citizenship at 54 thanks to old envelope
More
Thousands of emigrants’ descendants in Argentina demand Swiss citizenship
More
Switzerland’s most renowned trans person no longer wants to be a woman
More
Solothurn, the Swiss city that goes up to 11
In compliance with the JTI standards
More: SWI swissinfo.ch certified by the Journalism Trust Initiative
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.