Government working on increasing Hungary’s self-sufficiency

The government is working to increase Hungary’s self-sufficiency in more and more areas, including health care, Finance Minister Mihály Varga said at the inauguration of Igazgyöngy ’98 Kft’s 1.5 billion forint (EUR 4.0m) bandage plant in Csákány, in southwestern Hungary, on Friday.

It became clear during the coronavirus pandemic how vulnerable the country is in health-care supplies, Varga said. Hungarians’ health and health care cannot depend on international markets, he added. The construction of the plant was supported by 700 million forints in funding earmarked for investments to boost Hungary’s self-sufficiency in production of health-care supplies. Igazgyöngy ’98 Kft had revenue of 2.4 billion forints in 2021, public records show.