The Swiss government has unveiled plans to significantly increase its defense spending over the next four years, citing a rise in global instability as the key motivating factor. The decision comes as Switzerland seeks to address gaps that were created when it enjoyed a peace dividend following the fall of the Berlin Wall.
According to Defense Minister Viola Amherd, the Swiss army has been weakened due to cost-cutting measures implemented over the last three decades. As a result, the government intends to boost defense spending by up to 19% in order to regain lost ground. Amherd emphasized that this should not be seen as an accusation, but rather as a factual acknowledgment of the impact of historical events.
Switzerland, a self-described neutral country, finds itself increasingly concerned about security issues. Despite being surrounded by friendly European Union member states, the nation has voiced worries about rising threats in cyberspace and espionage activities within its borders.
In light of Russia's invasion of Ukraine in 2022, many European countries and NATO members have been bolstering their military spending. The Swiss government's decision to increase defense spending reflects similar concerns and a desire to ensure the country's readiness and security.
The Swiss military plans to raise the ceiling on defense spending to 25.8 billion Swiss francs ($29.2 billion) between 2025 and 2028, a significant increase from the previous four-year period. The additional funds will be allocated towards various crucial areas, including the development and upgrade of radar systems, short-range missile defense, the tank fleet, ground forces' missiles, and cyberattack defense capabilities.
This announcement comes against the backdrop of a deficit of 1.4 billion Swiss francs for the year 2023. As part of its three-year financial plan, the government has also implemented a 1.4% spending cut across all other departments, with the exception of defense.
Switzerland's decision to bolster its defense spending reaffirms its commitment to maintaining a strong and secure nation amidst evolving global challenges. By acknowledging the need to invest in modernized military capabilities, the government aims to ensure the country's ability to respond effectively to potential threats in the coming years.
