Orbán cabinet: Budget resources to climb for all important areas in 2025

Raising support for families and strengthening businesses are the most important goals of next year’s budget, Gergely Gulyás, the head of the Prime Minister’s Office, said at a weekly press briefing on Thursday.

Supporting families, strengthening businesses

Gulyás said the government’s budget bill contained additional resources for all important areas. Lawmakers are set to take the final vote on the bill on Friday, December 20, he added.

Tax allowances for families raising children will double over a year, while the Demján Sándor Programme will make HUF 1,400bn available for scaling up SMEs, he said. The 2025 budget ensures the resources necessary to maintain the system of regulated prices for household utilities, while it will raise the value of pensions, adjusted for inflation, and guarantee the country’s physical security, primarily against illegal migration, he added.

He said HUF 3,750bn was earmarked for family support, HUF 3,717bn for healthcare and HUF 3,876bn for education. The 3.7pc-of-GDP deficit target is realistic, he added, auguring a reduction of the gap to under 3pc in 2026.

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