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Switzerland to Boost Defence Spending, Funded by Sales Tax Hike

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ZURICH, Jan 28 (Reuters) – Switzerland plans to ‌inject ​an additional 31 ‌billion Swiss francs ($40.38 billion) into defence and security ​spending starting from 2028 and will increase sales tax for a ‍decade to help fund ​it, the government said on… [1421 chars]

Source: U.S. News & World Report | Published: 2026-01-28T15:05:00Z

Credit: U.S. News & World Report

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