International Monetary Fund highlights challenges to Switzerland's fiscal policy and financial stability
Bern, 28.3.2024 - At the conclusion of its annual consultations with the Swiss authorities and the private sector, the International Monetary Fund (IMF) has published its preliminary findings. The IMF expects the Swiss economy to grow at a moderately higher rate of 1.3% in 2024. Fiscal policy is well anchored with the debt brake, while rising spending pressure requires measures to eliminate structural deficits, including to ensure financial security for the pension system. Lessons for financial stability and the regulatory and supervisory framework should be learned from the takeover of Credit Suisse by UBS.