Coronavirus: additional credits of CHF 614 million
The Swiss government’s effort to combat the epidemic rises to 23.5 billion under four new measures: ACT-A, drugs, culture and events
In its last meetings, the Federal Council of the Swiss Confederation decided on additional expenditures of CHF 614 million to cope with the coronavirus pandemic.
To this end, on 28 April 2021 it approved an additional announcement to complement the first addition to the 2021 budget.
At the end of March 2021, the government approved the first addition to this year’s budget.
This increased the outlays required to address the coronavirus pandemic to 22.9 billion in the current year.
Since then, the Executive has decided to allocate additional financial means of 614 million.
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Coronavirus-related outlays thus grow to 23.5 billion in 2021. The further announcement includes four measures:
Contribution to the global initiative “Access to COVID-19 Tools Accelerator” (ACT-A, 226 million): The Federal Council intends to support the ACT-A initiative of the European Commission and the G20 with a total amount of 300 million. For this purpose, an additional credit of 226 million (incl. compensation) is required in the 2021 budget;
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Medicines (150 million): At its meeting on 14 April 2021, the Executive Board decided to allocate 100 million for the purchase of coronavirus medicines and 50 million for investments in the production and development of coronavirus-related medicines (including vaccines). For a part of these credits, an advance was requested from the Delegation of Finance;
measures in the area of culture (148 million): the prolonged duration of health policy restrictions in the area of culture leads to an additional financial requirement for the Confederation in 2021 estimated at 148 million francs;
“protective shield” for the event organisation sector (90 million): the Confederation and the cantons each contribute up to 150 million towards the uncovered costs of public events of supra-cantonal importance. In 2021, the Confederation and the cantons could incur costs of up to 90 million each if the events supported were to be cancelled or postponed.
