Minister Varga said confidence and cooperation had allowed Hungary's economy to triple in size, at current prices, and grow 42 percent, in real terms, since 2010.
Hungary's economy is expanding at a rate 50 percent over the European Union average.
The prime minister said that a 3-5 percent economic growth target for 2025 was at the center of the draft budget.
Hungary is ahead of Belgium, France, Italy, The Netherlands, Romania, Latvia and Germany.
Minister Varga said that 3.5% economic growth was feasible by all means for 2025, with 1.8-2.2% being a realistic projection for this year.
In the Autumn, the government would be able to submit a “peace budget” to parliament, giving a push to the economy with the help of an action plan targeting SMEs and families.
KSH said GDP was boosted the most by the construction sector and real estate transactions, as well as by the balance of product taxes and subsidies.
The budget deficit reached 107.8 billion forints for the month of June alone which is the best indicator in 22 years.
Minister Nagy said Hungary would not achieve 4% GDP growth this year because of a temporary weakening of its export markets.
The foreign minister said cooperation with the OECD had helped Hungary with enacting common-sense economic strategy decisions in recent years.
Finance Minister Mihály Varga said the projected 2.4% growth for Hungary is well above the EU average of 1.3%.
While 2023 had been a better year for the central budget than 2022, it was not as good as what the government expects from this year, the finance minister said.
Asked what Hungary can be most proud of in 2023, the prime minister noted the Nobel prizes received by Hungarian scientists Katalin Karikó and Ferenc Krausz.