11.5 million francs reported for voting campaigns in June
Published: Friday, Aug 23rd 2024, 10:20
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The referendum campaign for the premium initiatives and the energy tax decree last June was expensive. According to the audit, the supporters and opponents of the proposals invested a total of over CHF 11.5 million in their campaigns.
The definitively reported income from the voting campaigns on the Premium Relief Initiative, the Cost Brake Initiative, the Stop Compulsory Vaccination Initiative and the Electricity Supply Act of June 9, 2024 totalled CHF 11.57 million, twelve percent above the budget figures disclosed thirty days before the voting date, as announced by the Swiss Federal Audit Office (SFAO) on Friday. The three initiatives were clearly rejected. The energy decree was clearly approved by the electorate.
At CHF 4.39 million, the supporters of the Electricity Supply Act invested the most in the campaign. The "Alliance for a secure electricity supply" campaign used the most money with CHF 2.32 million. Further money came from the Swiss Energy Foundation, the SP and the Greens.
The opponents had significantly less money available for the referendum campaign, as the SFAO analysis also shows. The Fondation Franz Weber, the SVP, the Alliance for Nature and Landscape Switzerland and the Alliance against the Electricity Act invested a total of CHF 1.58 million.
The camp that invested more in its campaign also prevailed in the cost brake initiative in the end. The No committee had CHF 3.02 million and the Yes committee CHF 0.32 million at its disposal.
The difference in the premium relief initiative was only marginal: The ultimately victorious opponents spent CHF 1.06 million on the referendum campaign, while the supporters spent CHF 1.1 million.
Anyone who donates more than CHF 50,000 to a campaign for a federal vote must disclose the financing. This applies to individuals as well as political organizations.
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