Swiss public finances 2009-2012: Expected deficits have not materialized so far

Bern, 28.02.2011 - In 2009, the recession led to a deterioration in the financial situation of public budgets. Positive accounting results were achieved in spite of this. In 2010, the expected deficits largely did not materialize due to the surprisingly strong economic trend. While a deficit at the federal level (including separate accounts) is forecast for the coming years, the cantons and communes will be able to keep their accounts stable through 2012. The debt ratio for the entire state sector is likely to decline to 35.9% by 2012.