Minister Szijjártó said that when sanctions and further response measures are planned, additional price increases must be avoided so as to keep inflation under control.
The prime minister also met Maroš Šefčovič, vice-president of the European Commission, for talks on topical European and economic affairs.
The OECD’s director of country studies said Hungary was showing signs of strong economic growth despite the economy having taken a hit from the pandemic.
Hungary was among nine countries that did not join a statement backing the introduction of a global minimum corporate tax rate.
Further improvements are expected on the labor market, with the jobless rate set to fall to 4 percent in 2021 and 3.4 percent in 2022.
“It has become clear over the past decade that raising taxes is a dead-end-street,” Minister Szijjártó said.
The foreign minister has said that the incoming secretary general of the OECD should ensure that the organization “helps rather than lectures” its member states.
The OECD raised its forecast for this year’s growth to 4.8 percent in its latest Economic Outlook from 3.9 percent in the previous issue released in May.
The government’s vocational training strategy developed jointly with market players provides up-to-date training and an attractive learning environment that will create career paths and livelihoods for participants, this in turn would help to further strengthen Hungary’s economy.
The OECD expects a GDP growth of 3.9 percent this year and 3.3 percent in 2020, compared with a 4.6 percent growth in 2018
The OECD increased its forecast for Hungarian GDP growth to 4.6 percent from 4.4 percent this year, and to 3.9 percent from 3.6 percent in 2019
Prime Minister Viktor Orbán will make an official visit to Croatia in a sign that relations between the two countries are improving
Zoltán Maruzsa said the conclusions included in the report caused no surprised to the education department