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Daily News Hungary Daily News Hungary · 09/02/2023
· Business

Hungarian government thinks the recession is avoidable

Hungarian economy Hungarian government Hungary inflation money

Hungary’s economy is expected to avoid recession and grow by 1.5 percent this year, the head of the Prime Minister’s Office told a regular press briefing on Thursday.

Gergely Gulyás said that the government saw curbing inflation, protecting jobs and avoiding recession as its priorities in 2023.

Long-term growth requires ongoing industrial and agricultural development, and energy is key to that process, he said.

The government focused on energy strategy in a recent three-day cabinet meeting, he said. In the national energy strategy until 2030, presented at the meeting by Energy Minister Csaba Lantos, nuclear energy will continue to have a key role in Hungary, along with the development of solar energy and energy networks, Gulyás said.

food store spar inflation price hungary (2)
Read alsoThe reality of Hungarian expats abroad: pasta in Italy costs half the price

Source: MTI

Hungarian economy Hungarian government Hungary inflation money
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1 Comment

  1. Discreditable: says:
    10/02/2023 at 08:33

    Gergely Gulyas – the Head of the “Yes” Prime Ministers office – has got the Economic & Financial behaviour over post February 2020 – embarrassingly WRONG.
    WRONG – through inability to perform with competence in his Ministerial position?
    WRONG – that comments predictions he continues to MAKE, the “Puppet on a String” – that is Drenched in the Orban “creed” of politics – are they the Orban – Party Line, just “throwing” out there in the piling heap of PROPAGANDA – the Falseness – that FLOODS us as civilians of Hungary?
    Hungary – we will GO into a Recession.
    The BIG picture – what as a country are we going to PROVIDE – that builds a WALL – to STOP our COLLAPSING economy and currency – what WALL can we BUILD that sees us AVOID being RECESSIONPROOF?

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