Bern, 28.03.2024 – 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.
The regular evaluation of the economic and financial situation of its member states within the scope of the Article IV Consultation is a core element of the IMF’s economic policy monitoring activities.
More: https://www.admin.ch/gov/en/start/documentation/media-releases.msg-id-100567.html
International Law in Switzerland - Professor Andreas R Ziegler 