News in Brief
Finance Minister: Government is running a tight budget
Minister Varga said it would not be necessary to cut spending any further than measures already taken, with HUF 755 billion already lopped off expenditures.
National Budget
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News in Brief
Finance Minister sets out main goals of 2020 budget
Besides support for families, Minister Varga highlighted education, healthcare, pensions, public sector wages, as well as defense and law enforcement as priority areas.
News in Brief
Cabinet submits Hungary's 2020 budget draft to Parliament
The 2020 budget will increase central expenditure in a number of areas, with a focus on demographic policy and sustained economic growth.
News in Brief
FM: Hungary’s 2020 budget will be geared towards families
Mihály Varga said the government will next week submit to parliament a family-friendly budget with the aim of reversing the declining population.
Blog
Hungary’s 2018 ‘budget of working citizens’ and families
Hungary’s economic growth -- 2 percent in 2016 and forecast to grow to 4.3 percent in 2017 – translates into an anticipated 1 trillion additional HUF (3.3 billion EUR) for the 2018 budget. Public debt is expected to drop by some 2 percent, and the deficit is expected to be 2.4 percent.
News in Brief
Hungarian government increases 2018 budget to help families, employment and security
The government will allocate an extra 1,000 billion HUF to this year's overall spend, which has been made possible by the country’s recent economic growth
News in Brief
2018 budget bill put before Parliament
Government targets are unchanged from 2017 - achieving full employment, maintaining economic growth and boosting security