The think tank Avenir Suisse has calculated that in 2020 the Swiss federal government spent CHF 5 per person per day on the pandemic, a total of CHF 41 million a day. For example, the UK spent CHF 8 francs per person per day and the US government a whopping CHF 15 per person per day. One big differentiator was Switzerland’s deployment of partial unemployment payments. This cost less than the unemployment payments made in the US, which had to be sustained for longer. Winding down Switzerland’s partial unemployment payments came with lower risks and its withdrawal had less economic impact.

Source: Le News September 24, 2021 21:11 UTC