Márton Nagy, National Economy Minister, said 2025 would be a "rebound" year of "economic recovery", supported by a "peacetime budget", testifying before parliament's economy committee on Tuesday.
Minister Nagy said the government had responded successfully to the crises of the past five years: the pandemic, the energy crisis caused by the war and the economic downturn in Germany.
In light of the changed economic circumstances, the government has launched an economic policy action plan, founded on a policy of economic neutrality, that aims to aid the domestic recovery and lift GDP growth over 3pc from 2025, he added.