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Sep 10, 2019

PM Orbán: Hungary is set to become a digital success story

“Hungary is already a digital economy in the heart of Europe. The future has already started here, and we hope Europe will also follow that road by concluding the related debates and acting in unity,” the Prime Minister said.

Prime Minister Viktor Orbán has said Hungary is set to become a success story of an increasingly digital world economy.

During his opening address at the ITU Telecom World 2019 conference in Budapest, the Prime Minister said the digital economy has stable roots in Hungary.

“Hungary is already a digital economy in the heart of Europe. The future has already started here, and we hope Europe will also follow that road by concluding the related debates and acting in unity,” he said.

PM Orbán said that in the past few years, Hungary has demonstrated it not only plans its future but makes it a reality, too. He noted that in Europe, at 5 percent, Hungary has the lowest VAT on the internet, and a modern test center for electric vehicles has recently been inaugurated in the southwest.

The Prime Minister said the digital economy provides some 25 percent of Hungarian GDP, and employs some 400,000 people, about 10 percent of the total workforce.

ITU Telecom World 2019, a global platform for big ICT industry players, tech SMEs, countries and organizations, runs until Thursday.

Photo credit: kormany.hu