Since 1991 growth in Switzerland has been very weak, and occasionally even negative. The Swiss Coalition does not concern itself with the economic and monetary policies appropriate for combating weak growth and persistent unemployment in Switzerland. But we are concerned about the negative impact of Switzerland's poor economic performance on the economies of African, Asian and Latin American countries. Therefore, the Swiss Coalition welcomes the recent shift of the Swiss National Bank towards a more expansionist monetary policy. Even though Switzerland is a small country, it is a medium-size economic power.
Swiss banks play a very important role in the international financial markets.
With a per capita income of USD 44,320, our country is in first place in this category, and in third place in terms of purchasing power parity. Rising Swiss internal demand can contribute to strengthening global demand. An Independent Review of Poverty Reduction and Development Assistance. Compared with other expenditures at the Federal level, ODA budget cuts constituted an above-average contribution to revisions in the Federal Budget. Swiss ODA has been reduced in several steps by CHF 1.6 billion in the past five years.