The government has submitted a draft budget amendment to the Fiscal Council, the finance ministry said on Friday.
The prolonged war and the energy crisis will be in its second year in 2023, posing a threat to Hungarian families, the economy and jobs, the statement said. “As a result, the most important task for next year is to protect Hungarian families and jobs, preserve the value of pensions, maintain the utility reduction scheme and guarantee the security of the country,” it said.
“These achievements can be preserved next year by amending the budget,” it added. Hungary’s energy bill will increase from 7 billion forints (EUR 17.5m) to 17 billion forints next year but by increasing the allocation for the utility fee protection scheme, the necessary resources will be guaranteed up to the level of average consumption, the ministry said.
Despite the difficulties, the budget will maintain family support measures and even expand them by offering tax exemption until age 30 to mothers. Additionally, the budget will guaarantee a 15 percent pension increase from next January.
The government maintains the goal to improve balance indicators and next year’s budget consequently includes a reduced deficit and public debt.
The aim is to prevent an economic decline and maintain growth. Hungary’s economy could grow by over 4 percent this year and it is projected to grow by 1.5 percent in 2023, the ministry said.
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Source: MTI
2 Comments
You would know what TRADITIONALLY goes on in relation to the preparation of eating a Christmas Turkey /
Factually, what occurs to the Turkey, is beyond reasonable doubt and WORSENING – in Hungary.
The “stuffing” has been decimated/destroyed – out of the Hungarian economy – by the idiotic Economic & Financial political ideas – economic & philosophy practices – that continues to be “forced” upon us by this Dictatorial led Victor Orban present Hungarian Government.
BLAME – front & center – Orban and his “mob” can’t AVOID this FACT.
Victor Orban and his “mob” – no escaping – they have total OWNERSHIP for the collapsing threatened state of a country that we live to-day – Hungary.
Citizens SOLIDARITY.
What’s the NADIR – the bottom of our country’s collapse going to look like that WE are expected to live in?
We are NOW being informed besides knowing and experiencing certain food supply shortages THAT medications are BEING and will continue to be effected in supply and availability in Hungary.
The out of control growing list of MASSIVE cataclysmic problems that are EFFECTING us Hungarians in millions – going about our normal day to day lives – caused in GREATER part – through the ideas and running of our country by Victor Orban and his “lot” – just APPALLING.
“When the YOKE is Broken,
the BURDEN is Removed.”
Hungarians – doesn’t need us to be of great or high intellectual ability – to know who the Yoke is nor the Burden.
Hungary – we are, as a country being HUMONGOUSLY weighed down, pushed into submission a deepening darkening place, by the Orban Government.
Hungary – believe it or not -the SIGNS are all around us – but we are in a position or trend best described as CAPITULATING.
Solidarity – of growing MILLIONS – getting involved if we want at ALL any retainment of Democracy, but has time “passed us by” – ALMOST if not.
Don’t let the ink dry as there will be “others” after this re-write.
Easier still, it will contain from this Orban led Government we know lots of RUBBERY figures.
Maybe if they write them in pencil quicker process to erase change around or manipulate the factual goings on in the collapsing Hungarian Economy.
Got to WATCH the Propaganda machine of the Fidesz/Orban led Government of Hungary.