Left candidate’s Budapest programme would cost HUF 1,200 bn

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Budapest, September 9 (MTI) – All projects included in the programme of Ferenc Falus, candidate of the leftist parties for mayor of Budapest, would cost a total 1,200 billion forints (EUR 3.8bn) to implement, Falus told MTI today.

In the interview, Falus said that though he saw the resources to finance the whole programme are available, such projects as the M3 metro line refurbishment and building P+R car parks should be “realistically achievable” priorities.

Falus also said that Budapest’s residents should be asked about priorities for city dwellers, and suggested that schemes like building new museums in the City Park or reconstructing the Ferenc Puskas Stadium could be postponed.

Download (6)The candidate insisted that of the 8,000 billion forints Hungary is expected to receive from the European Union in the current seven-years financial framework, 15-20 percent should be spent on improving the capital’s infrastructure. He argued that Budapest’s residents and ventures accounted for 40 percent of Hungary’s GDP and 60 percent of public finance, and said that “somewhat more should be spent on the city as they have done in recent years”.

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