Government to submit 2025 draft budget to parliament on Nov 5

Gergely Gulyás, Head of the Prime Minister’s office, said the government will delay submitting the 2025 draft budget to parliament until after Nov 5. Speaking at a government news conference, Gulyás said wartime required a fundamentally different economic policy than peacetime. “Today we can say that the most important decision concerning the future will be made by the Americans on November 5,” Gulyás said, referring to the US presidential election. He argued that a Donald Trump presidency would result in “a completely different scenario in terms of war and peace” than if the cur