budget

16/03/2017

Government to increase culture spending by 201 million euros, says Orbán

A gala dinner in honour of recipients of the Kossuth Prize:
07/03/2017

Budget posts 580 million euros surplus at end-February

Economy ministry: "VAT revenues in the first two months this year were strong"
28/02/2017

Bloomberg: Hungary puts window for possible FX bond issue in H1

If it makes any sense to sell Eurobonds this year...
28/02/2017

Fiscal Council head: No election budget in 2018

"It is not expected that the government will loosen the purse strings in the run-up to the 2018 general election" #election2018 #hungary #government
20/02/2017

Hungary Trends – The week in business and finance

Budapest (MTI) – See below MTI’s main business and financial news from the previous week: HUNGARY Q4 GDP GROWTH REACHES 1.6 PC Hungary’s GDP grew by […]
18/02/2017

Agriculture adds 0.6 percentage points to 2016 GDP growth in Hungary

Budapest (MTI) – Agriculture expanded at double-digit rates in 2016 and the sector contributed about 0.6 percentage points to last year’s 2 percent GDP growth, Economy […]
16/02/2017

Hungary has clear plan for reaching defence spending target

Brussels, February 16 (MTI) – Hungary is one of those few NATO member states that have drafted a clear road map on increasing defence spending to […]
15/02/2017

Hungary Q4 GDP growth 1.6 pc

Budapest (MTI) – Hungarian economic output grew by an annual 1.6 percent in the fourth quarter last year, according to Central Statistical Office (KSH) data published […]
13/02/2017

European Commission raises GDP growth forecast for Hungary

Brussels, February 13 (MTI) – Hungary’s real-term GDP growth is expected to be 3.5 percent this year, the European Commission said in its 2017 winter economic […]
10/02/2017

Orbán’s cabinet plans to submit 2018 budget proposal in spring

Budapest, February 10 (MTI) – The Hungarian government wants to submit its 2018 budget proposal to parliament in the spring, just as last year and the preparatory […]
07/02/2017

Hungary’s budget posts EUR 400m surplus in January

Budapest, February 7 (MTI) – Hungary’s cash-flow-based budget, excluding local councils, showed a 123.4 billion (EUR 400m) forint surplus in January, the first reading of data […]
07/02/2017

Sales of unhealthy food drop since introduction of targeted tax in Hungary

Budapest, February 7 (MTI) – Sales of unhealthy food slapped with a fat tax have fallen dramatically, the daily Népszava said on Tuesday. The price of […]
06/02/2017

Hungary tops up police funding to make more hires

Budapest, February 6 (MTI) – The government has mandated the reallocation of 55.8 billion forints (EUR 180m) in this year’s budget to finance 3,000 new hires […]
19/01/2017

Weekly government press briefing about Putin’s visit, new wave of migration and other interesting topics

Budapest, January 19 (MTI) – Russian President Vladimir Putin is scheduled to visit Budapest on Feb. 2, János Lázár, the government office chief, announced on Thursday. Preparations […]
19/01/2017

Hungary eyes Chinese bond market

Vienna (MTI) – China’s bond market is new and important for Hungarian debt managers and fits in well with the government’s economic policy, director of the […]
18/01/2017

Organisation crucial to solving health sector’s problems, says official

Budapest (MTI) – The problems faced by Hungary’s health-care system cannot be solved without care organisation, regardless of the amount of money being spent on the […]
18/01/2017

Hungary’s government to insist on tax reductions

The Government will insist on tax reductions “tooth and nail”, the Minister of State at the Cabinet Office of the Prime Minister stated at a press […]
15/01/2017

Free travelling of pensioners costs EUR 58.6 million

A written parliamentary answer shows that the free local and commuter travelling of the pensioners costs HUF 17.7 billion ( EUR 57.6 million) all together, reports mfor.hu. […]
12/01/2017

Weekly government press briefing about asylum seekers, local development projects, energy supplies and Metro 4 construction

Budapest, January 12 (MTI) – The government has decided to reintroduce a system for detaining migrants, the government office chief said on Thursday. Government scrutiny of […]
11/01/2017

World Bank forecasts Hungarian GDP to grow 2.6 pc in 2017

Budapest, January 11 (MTI) – Hungarian economic output is expected to grow by 2.6 percent this year, the World Bank Group has said, upping its forecast […]