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Jul 23, 2018

The 2019 budget approved by parliament on Friday is a sign of progress, says state secretary

The government has allocated more funding for priority areas and aims for a strong country with a growing economy, while ensuring security, which is required for sustainable growth

The 2019 budget approved by parliament on Friday is a sign of progress, Csaba Dömötör, the state secretary of the Cabinet Office, said during an interview on Kossuth radio.

He added that the government has allocated more funding for priority areas and aims for a strong country with a growing economy, while ensuring security, which is required for sustainable growth.

The state secretary said this is supported by the expansion of family subsidies, as a result of which families with two children will enjoy a 40,000 HUF (123 EUR) monthly tax preference next year. Payroll taxes will also fall, allowing employers room to continue wage increases.

Dömötör added that in the public sector, soldiers, police and nurses can count on wage increases.

He said jobs present the shortest way out of poverty, which is why it’s important that more than 700,000 workplaces have been created since 2010.