Increased cooperation with the IMF in support of developing countries

Switzerland is strengthening its cooperation with the International Monetary Fund (IMF) in developing countries. On 12 May, the Federal Council decided to invest CHF 25 million in bilateral cooperation over the next five years.

Consumer sentiment

Consumer sentiment back to pre-crisis level

Sentiment amongst Swiss households is improving. The results of the April survey show that expectations regarding general economic development in particular are becoming more positive. The likelihood of households making major purchases has also risen.


ILO: New agreement on development cooperation

ILO: New agreement on development cooperation

On 1 April, President Guy Parmelin received Mr Guy Ryder, the Director-General of the International Labour Organization ILO. In the presence of employers' and workers' associations, they signed Switzerland's new agreement on development cooperation with the ILO. Mr Parmelin also announced that Switzerland had joined Alliance 8.7, a global platform to eliminate child labour, forced labour and human trafficking.


Switzerland hosts an informal WTO ministerial meeting

Switzerland hosts an informal WTO ministerial meeting

At the invitation of President Guy Parmelin, a virtual informal ministerial meeting was held on 29 January on WTO-related issues. Among those taking part were ministers responsible for WTO affairs and WTO Deputy Director General Alan Wolff. Participants discussed trade policy challenges and priorities ahead of the twelfth WTO Ministerial Conference, particularly in view of the COVID-19 pandemic.

Press releases


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The President of the Swiss Confederation

Welcome to the Federal Department of Economic Affairs,
Education and Research!

Guy Parmelin, President of the Swiss Confederation