Rising asylum claims to lift Swiss budget deficit in 2017


  • World
  • Wednesday, 29 Jun 2016

Four Pilatus PC-7 aircrafts of the Swiss Air Force fly over the Swiss Parliament building in Bern, Switzerland June 17, 2016. REUTERS/Ruben Sprich

ZURICH (Reuters) - The Swiss government is expecting the federal budget deficit to rise to around 600 million Swiss francs (453 million pounds) next year due to the costs of rising numbers of asylum seekers.

The government also forecast annual deficit of 1.4 billion to 2 billion francs in the 2018-2020 financial plan, which it said was only partly due to migration costs, and said it would unveil a savings package for these years this autumn.

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