Daily News Hungary economy

Budapest (MTI) – Hungary joining the OECD twenty years ago was “a milestone” in its political and economic transformation, the Economy Ministry said in a statement on Tuesday in connection with the ceremonial anniversary.

The OECD gave “serious help” in policy recommendations for Hungary in moving towards a market economy, including establishing its network of institutions and legal framework, the statement said. Being a part of the OECD meant that Hungary could take part of the work of the international community, becoming privy to a global knowledge base, it added.

Head of the National OECD Council Ágnes Hornung, who is also a state secretary at the economy ministry, presented at the session a publication showcasing the past twenty years of cooperation within the OECD, the statement said.

Source: http://mtva.hu/hu/hungary-matters

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