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Nov 22, 2019

PM Orbán: Protecting Hungarian economic achievements will be the primary task of 2020

The prime minister said the question as to whether Hungary and central Europe are able to stand on their own two feet and outperform richer countries will transpire next year.

Prime Minister Viktor Orbán has stressed that protecting Hungarian economic achievements will be the primary task of 2020.

According to MTI, the prime minister added that it would be an uphill struggle to sustain economic growth with the euro zone in turmoil. He added that the government’s economic action plan for the first quarter of 2020 “hopefully will be based on tax cuts”.

During an interview on Kossuth radio this morning, the prime minister said the question as to whether Hungary and central Europe are able to stand on their own two feet and outperform richer countries will transpire next year.

The prime minister concluded that Hungary’s economic successes of recent years had been thanks to tax cuts, helping the country boost production and its competitiveness while wages also grew exponentially.

Photo credit: mediaklikk.hu