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Jun 30, 2020

NBH governor outlines 12 reforms to preserve Hungary's success

National Bank of Hungary (NBH) governor György Matolcsy has outlined 12 reforms he said would be necessary to preserve and increase Hungary’s success in the coming decade.

 

 

National Bank of Hungary (NBH) governor György Matolcsy has outlined 12 reforms he said would be necessary to preserve and increase Hungary’s success in the coming decade.

“To mitigate and even to shape the dramatic turnarounds of our decade, we must implement reforms and turnarounds of a similar scale,” Matolcsy said in an op-ed piece published on the website novekedes.hu.

The governor also recommended the reforms be brought forward. He said “lessons from history” teach that a “full demographic turnaround, with at least 110,000 births a year”, “a lifestyle turnaround, exemplifying a healthy and active lifestyle”, and a “complete turnaround of the healthcare system” will be necessary by 2030.

Photo credit: novekedes.hu