The Swiss National Council has approved the federal budget for 2025 after a lengthy debate.
The budget was passed with a conservative majority, including the Swiss People's Party (SVP), the Free Democratic Party (FDP), and the Center Party.
The approved budget includes increased spending for the armed forces, which has raised concerns among opposition parties.
Opposition parties, including the Social Democrats (SP), the Greens, and the Green Liberal Party (GLP), opposed the budget due to cuts in foreign aid and federal personnel funding.
The National Council's decision to prioritize military spending over foreign aid has sparked a debate about Switzerland's commitment to international humanitarian efforts.
The Council of States is expected to take a different stance on the budget, with its Finance Committee advocating for a less aggressive reduction in foreign aid.
The finalization of the budget is crucial and will have implications beyond Switzerland's borders.
The cuts to foreign aid may impact Switzerland's international standing and its role in global humanitarian efforts.
The ongoing debates in the Swiss parliament will be closely monitored by financial analysts and policymakers.