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Opposition pledges to curb public debt, inflation, corruptionOpposition pledges to curb public debt, inflation, corruptionOpposition pledges to curb public debt, inflation, corruptionOpposition pledges to curb public debt, inflation, corruption
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DNH 2021 DNH 2021 · 10/02/2022
· Politics

Opposition pledges to curb public debt, inflation, corruption

2022 Hungarian parliamentary election Democratic Coalition Fidesz Hungarian economy Hungary IMF Jobbik Socialists Viktor Orbán

The joint opposition alliance has pledged to curb public debt, inflation and corruption if it comes to power after the April 3 election. Addressing a joint press conference on Thursday, Jobbik vice-president Dániel Kárpát Z said “not only corruption is brutal”, public debt and its interests had also doubled since 2010. “Every single Hungarian spends 140,000 forints [EUR 396] a year on interests alone,” he said.

“The government’s hapless economic policy, bad debt management and the brutal corruption rate are suffocating the national economy,” he said.

Jácint Horváth of the Democratic Coalition called for steps “regarding the fortunes obviously gained by corruption over the past 12 years.” Property that has been clearly acquired through corruption should be seized, he said.

Zoltán Vajda of the Socialists said the central bank’s “totally discredited monetary policy had cost it the market’s trust”.

Inflation has skyrocketed, despite the bank’s efforts to fight it by raising interest,

he said. Meanwhile, the central bank should finance its losses “from the monies it had outsourced to foundations”, he said.

  • Read also: Opposition PM candidate punched in the face by an old woman – VIDEO

Ruling Fidesz said in reaction that while the public debt had grown under the previous left-wing government, the current cabinet had set it on a downward trajectory.

“This is the same left that nearly doubled the public debt and sent it on a steep rise when it was in power,” the party said in a statement. Under Ferenc Gyurcsány’s premiership, the left crippled the country, pushed it to the brink of bankruptcy and they would not even have been able to pay out pensions, family subsidies or wages without a loan from the IMF and other expensive foreign currency-denominated loans, Fidesz said.

The alliance of Fidesz and the Christian Democrats, on the other hand, stabilised the country’s finances, set the economy on an upward and the public debt on a downward trajectory and paid back the loans taken up by the left, it added.

“The ones who now want to come back into power on the left are the same people who already led the country into ruin once,”

Fidesz said. “Hungary must move forward, not backwards.”

Opposition roundtable
Read also If the opposition wins, Hungary will have euro by 2027 – UPDATED

Source: MTI

2022 Hungarian parliamentary election Democratic Coalition Fidesz Hungarian economy Hungary IMF Jobbik Socialists Viktor Orbán
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2 Comments

  1. Derrick Van der Lisle says:
    10/02/2022 at 21:57

    All the Socialist and left wingers do is bring empty promises and the same old tired policies that are repressive and anti-Hungarian culture…No thanks, Fidesz and Orban are doing an excellent job and will be re-elected on April 3rd. 2022.

  2. XWR says:
    12/02/2022 at 12:11

    It is absolutely laughable for socialists to say that. Absolutely ridiculous for them to think anyone would believe them at this point. Leftist policies have never ever, in the entire history of mankind, resulted in a better society, and have been absolutely horrendous, hellish.

    The leftists belong in the opposition,

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