Switzerland budgets CHF269 million for International Geneva

The Swiss government wants to invest more than a quarter of a billion francs in International Geneva. +Get the most important news from Switzerland in your inbox On Friday, the government sent a proposal to parliament to approve a package totaling CHF269 million. + Swiss budget cuts pile pressure on International Geneva The aim is to maintain and strengthen the city's role as the headquarters of international organisations. Foreign Minister Ignazio Cassis intends to provide information on the plans at a media conference in Bern. In the communiqué, the Federal Council explained that in recent months, cuts in contributions or suspension of payments by individual states had led to liquidity bottlenecks at international organisations. Numerous Geneva-based organisations have been forced to drastically reduce their budgets, cut staff or even consider relocating abroad. + Foreign aid cuts: where does Switzerland stand? In this situation, the Federal Council says it wants to ensure that ...