The finance ministry has announced that the government will increase pension payments during the year if the war in Ukraine drives Hungary’s inflation higher than expected.
In an interview published by Magyar Nemzet on Wednesday, State Secretary András Tállai said the government must pay special attention to pensioners, and the ministry is monitoring inflationary trends. "If needed, an unscheduled pension hike will be made in the summer,” Tállai said, adding that another hike could follow in November. Tállai insisted that if the opposition won the April 3 election, “they will scrap the 13th month pension and the cap on utility fees, which could increase pensioners’ household bills fourfold”.
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