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May 12, 2020

PM Orbán meets with officials to discuss 2020 and 2021 budgets

Prime Minister Viktor Orbán has met finance ministry officials and representatives from its agencies to discuss this year’s budget and a draft for next year.

 

Prime Minister Viktor Orbán has met finance ministry officials and representatives from its agencies to discuss this year’s budget and a draft for next year.

During the meeting held at the ministry, PM Orbán said that “the focus of assets used for crisis management continues to be on job creation”. He repeated his earlier pledge that the government would create as many jobs as are eliminated due to the coronavirus epidemic.

The prime minister said both years’ budgets and the government’s economy protection action plan will serve that purpose, with special regard to central assistance to job creation, investments and development programs, providing wage subsidies to employees, tax cuts to promote job retention and subsidized loans to entrepreneurs, as well as the reintroduction of 13th month pensions.