budget

15/12/2022

Hungarian Socialists call for budgetary cttee to hear finmin

Next year's budget was planned with an inflation rate of 5.2 percent, whereas "this figure could be three or even four times as high".... #DailyNewsHungary #Hungary #Socialists
08/12/2022

Hungarian budget deficit reaches HUF 3,466.4 bn

The ministry said the balance of the 2022 state budget was sustainable and the deficit target of 4.9 percent of GDP achievable. #DailyNewsHungary #Hungary #GDP #HUF
07/12/2022

Should the Hungarian government give 181m EUR to its citizens instead of Ukraine?

An opposition party believes the Hungarian government should give that money to the Hungarian families and companies #Hungary #MiHazánk #opposition #Ukraine #dailynewshungary #budget
12/10/2022

Hungarian Socialist MP calls for 2023 budget rethink

Pushing through the budget as early as July had been a "mistake" in a volatile economic environment, they said. #hungary #dailynewshungary #budget #2023
20/07/2022

Hungarian govt welcomes approval of ‘budget of utility bill cuts, defence’

The finance ministry on Tuesday welcomed parliament's approval of the 2023 "budget of utility bill cuts and defence". #hungary #dailynewshungary #budget #utilitybills #defence
19/07/2022

Socialists slam 2023 ‘budget of uncertainty’

The 5.2 percent inflation rate, the 4 percent GDP growth rate and the euro exchange rate of 375-377 forints per euro envisaged in the budget were "already unrealistic".... #DailyNewsHungary #Hungary #Socialists
06/07/2022

Socialists: Hungary’s next year’s draft budget ‘unsustainable’

The 2023 draft budget is "unsustainable" and "fictitious", the head of parliament's budgetary committee, of the opposition Socialists, said on Wednesday. #hungary #dailynewshungary #socialists #politics #opposition #budget
04/07/2022

Finance minister Varga: Opposition proposals would boost spending by EUR 11.5 bn – UPDATE

Proposals submitted by the leftist opposition to next year's budget would increase spending by 4,600 billion forints (EUR 1.15bn) and...
23/06/2022

Hungarian Defence Minister: ‘Peace requires power’

"For the first time in a long period, Hungary now has a national strategy within an alliance but with full sovereignty," the Hungarian Defence Minister said. #hungary #dailynewshungary #defenceminister #war
22/06/2022

Finance Minister: Hungary’s 2023 budget dedicated to utility price cuts, defence

Utility price cuts and defence spending are the factors of economic policy defining the 2023 budget. #hungary #dailynewshungary #budget #economy
20/06/2022

Budapest mayor: Orbán cabinet plans to pass on ‘severe austerity’ to local councils

"The government lacked the courage to enact the austerity measures itself."
20/06/2022

Orbán cabinet: the closer a country is to the war, the higher inflation is there

"It is primarily the Hungarian people's wallets that need to be spared from war inflation"
15/06/2022

Fidesz proposes cutting state funding for parliamentary groups

The ruling parties are submitting a bill on cutting state funding by EUR 7.5m for opposition parliamentary party groups and...
14/06/2022

Hungary repays 1.2 billion of US dollar of debt

Hungary has repaid 450 billion forints' worth of debt:
07/06/2022

Hungary’s finance minister submitted the government’s draft 2023 budget to parliament – UPDATE

Hungary's finance minister on Tuesday submitted the government's draft 2023 budget to parliament, declaring the bill would...
18/05/2022

Minister for economic development wants majority Hungarian ownership in retail

"Hungary could reach 90 percent of the bloc's level of development by 2030"
11/05/2022

Orbán cabinet has to take responsibility for the rise in food prices it had caused, says DK

"Many families refrain from buying meat, vegetables, or coffee. The price hikes are mainly due to the weakest Hungarian forint in history..."
09/05/2022

Hungary’s cash flow-based budget deficit close to EUR 6.9bn at end-April

The social security funds were 18.7 billion in the red, while...
03/05/2022

EC identifies ‘serious risk’ for sound financial management of EU budget in Hungary

The European Commission has identified issues in Hungary that indicate sound management of EU monies are at risk, details here:
02/05/2022

Hungary trade balance shows EUR 117 m deficit in Feb

Hungary's trade balance showed a 117 million euro deficit in February, the Central Statistical Office (KSH) confirmed: