Record deficit in 2020 for the Confederation

FINANCES
The Confederation closed the financial year 2020 with a record deficit of 15.8 billion francs. This result is primarily due to the impact of the coronavirus pandemic.

Awhen the budget forecast a surplus of 344 million, the year ended with a deficit of 15.8 billion, according to the provisional results of the 2020 account. This deterioration of the result of 16.1 …

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