Economy minister: Pensions to go up 0.9 pc in 2017
Budapest, April 18 (MTI) – The government is planning to raise pensions by 0.9 percent next year, in line with the expected rate of inflation, business daily Világgazdaság reported on Monday, citing the economy minister.
Mihály Varga told the paper that inflation would be considerably slower due to planned VAT cuts on poultry, dairy, and egg products, as well as on internet and catering services.
The real value of pensions is expected to be up by 1.3 percent this year, Varga said, adding that in all, the buying power of pensions has increased by 10 percent since 2010.
Photo: MTI
Source: http://mtva.hu/hu/hungary-matters
If you would like to support the work of the Daily News Hungary staff and independent journalism,
please make a donation here
please make a donation here
Hot news
Breaking: Hungarian politicians paid by Moscow to spread Putin propaganda?
Alarming: Thousands of Hungarians missing again
Surprising: Romania more developed than Hungary, people may live better
Hungarian Left “going against the Hungarian interest” in Brussels?
What happened today in Hungary? – 27 March, 2024
Body art. Popular tattoo styles