Daily News Hungary economy

Budapest, December 16 (MTI) – Hungary’s government has reallocated more than 3 billion forints (EUR 9.5m) in reserves in this year’s budget to upgrade a lorry monitoring system and support church investments and programmes that serve the community, a resolution published in the official gazette Magyar Közlöny shows.

The government is reallocating 2.4 billion forints from the Country Protection Fund, of which 1.6 billion forints will go towards improving the monitoring system for road haulage companies, a system introduced as part of government measures against tax fraud. Another 620 million forints will go to the Government IT Development Agency.

The resolution reallocates 700 million forints from reserves for “extraordinary government measures”, of which 550 million forints will go to community-targeted programmes and investments by churches.

Source: MTI

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