Second 2023 extrapolation confirms financing deficit

Bern, 25.10.2023 - The Federal Council was informed about the current extrapolation on 25 October 2023. The Confederation is reckoning on a financing deficit of CHF 1.8 billion for this year. The expected deficit is thus likely to be slightly bigger than forecast in the June extrapolation (-1.5 bn), but it is much smaller than the result originally budgeted ( 4.8 bn). By contrast, a significantly higher structural financing deficit in accordance with the debt brake is now to be expected (-0.7 bn), but expenditure is still below the expenditure ceiling set in the budget.

The press release is available as a document pdf.

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