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74 November, 2020 Switzerland Global: 14 Availability: 3 Cost: 75 Regulation: 6 Productivity: 12 2020 Global TWI Ranking (out of 76) 2020 Regional TWI Ranking (out of 40) Region: 8 Availability: 1 Cost: 40 Regulation: 5 Productivity: 4 Remote Readiness 3 Remote Readiness 3 $34 billion USD has been spent in Switzerland to minimise the impact of the pandemic. Key policies for businesses and jobs include • Wage subsidies through the Revenue compensation for the self-employed • Allowance for parents who need to care for children or for people who can't work due to quarantine restrictions • Financial support for affected businesses • Support for impacted sectors https://www.imf.org/en/Topics/imf-and-Covid-19/Policy-Responses-to-COVID-19 In general, Switzerland's borders are only open to Swiss nationals and travellers from the Schengen area. Although there are some exceptions, travellers from non-Schengen countries are not allowed entry into Switzerland for non-essential travel. Travellers from high risk areas must quarantine for 10 days. Masks are mandatory in public places and universities have moved to on-line learning, 4.8% 4.7% 0% 20% Switzerland Regional Ave. % of GDP Switzerland Q4 2019* Q4 2020* % Change YOY Total Workforce 4.93M 4.95M +0.4% Unemployment Rate (%) 2.2% 3.2% +45% Unemployed Workers 108K 158K +46% Manpower 2020 Total Workforce Index Workforce Statistics Covid-19 Situation Covid-19 Government Spend as % of GDP Border Closures and Restrictions Additional Government Spending and Foregone Revenue to September 2020 Covid-19 Confirmed Cases and Deaths Reported to WHO (on a weekly basis) *Reported figures at Q4 each year https://covid19.who.int/ https://www.imf.org/en/Topics/imf-and-covid19/Fiscal-Policies-Database-in- Response-to-COVID-19 Other Sources: https://data.worldbank.org/ https://ilostat.ilo.org/ https://home.kpmg/xx/en/home/insights/ https://www.gov.uk/foreign-travel-advice United States Embassy https://tradingeconomics.com/ Eurostat