Switzerland intends to contribute CHF 297 million to capital increases at the World Bank Group WBG and the African Development Bank AfDB, They support developing countries by granting loans and providing technical assistance. The Federal Council adopted the relevant dispatch on 19 February 2020.
At the invitation of Federal Councillor Guy Parmelin, a group of ministers responsible for World Trade Organization matters and WTO General Director Roberto Azevêdo met in Davos on 24 January to discuss and define their priorities for the 12th WTO ministerial conference to be held from 8 to 11 June 2020 in Nur-Sultan, Kazakhstan.
Federal Councillors Guy Parmelin and Ueli Maurer – who are, respectively, the head the Federal Department of Economic Affairs, Education and Research (EAER) and the head of the Federal Department of Finance (FDF) – met with China’s First Vice Premier Han Zheng. The meeting took place in Rüschlikon at the launch of a capacity-building platform that has been set up as part of China’s Belt and Road Initiative (BRI).
The consumer price index (CPI) remained stable in December 2019 compared with the previous month, remaining at 101.7 points (December 2015 = 100). Inflation was +0.2% compared with the same month of the previous year. The average annual inflation reached +0.4% in 2019.These are the results of the Federal Statistical Office (FSO).
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