ZURICH: Switzerland ran a federal budget surplus of 2.98 billion Swiss francs ($3.19 billion) last year, far better than the deficit originally planned as tax revenue surpassed expectations, the government said on Wednesday.
The result, which included extraordinary income of 177 million francs including 99 million francs from fines collected by its competition authority, was better than the 800 million franc surplus the government had projected as recently as October.