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Nov 05, 2018

Hungarian government focuses its efforts on supporting families raising the future generations

András Tállai said the government does not believe in immigration, but rather in supporting Hungarian families raising children

The Hungarian government is focusing its efforts on supporting families who are rasing future generations.

Finance Ministry state secretary András Tállai said the government does not believe in immigration, but rather in supporting Hungarian families raising children.

In an interview with Magyar Idők, in light of the government announcement of the expansion of its CSOK home purchase subsidy program, Tállai said even more families are set to become eligible for a substantial amount of support.

The Prime Minister’s Office announced last week that the government had decided to raise the home purchase subsidies available for families raising two children to 10 million HUF (31,000 EUR) and the credit limit for families with three children will be raised to 15 million HUF.

Tállai said “children are a priority for this government, we want to provide as much help as possible to make life easier for families raising children.”

“Everyone should be aware that it is our shared interest to increase the number of children,” he added.

"It is important for the whole of Hungarian society to stop the population decline as a broader group of active population is required for the Hungarian economy to continue growing over the coming years and decades and to ensure that the Hungarian society of the future – including pensioners – can enjoy adequate living standards,” Tállai said.

Since the launch of the CSOK home subsidy scheme in 2015, applications from almost 90,000 families have been accepted, for a combined 257 billion HUF of funding.