The government will establish favorable financing conditions in the framework of a targeted action plan while continuing to ensure interest support through the Szechenyi Card Programme, and launch a new...
In 2023, exports totalled 150 billion euros, 4.5% up from the previous year, while the foreign trade surplus was also at a record high.
The prime minister said that until 2020, Hungary was on an upward path, but then the pandemic and the war in Ukraine forced the country to “shift to lower gear”...
The prime minister said the government reined it in, but “it went up again after the pandemic”.
4 March 2024, Budapest
Minister Varga said the government is committed to cutting red tape and taxes for companies.
The prime minister said that the number of vocational school applicants has been rising for years, and their academic performance was also improving.
Minister Varga said major resources are expected to be spent on energy-efficiency developments and businesses can participate in these as suppliers.
The prime minister said changes had been made because it had become clear that the sanctions imposed by Brussels had resulted in a rapid rise in energy prices, and the issue of energy had become the key to economic success and the country’s financing.
The prime minister said Hungary will need some 500,000 new workers in the coming 1-2 years.
“We will be under great pressure, but we are strong enough to stay out of the war,” PM Orbán said.
The focus of the 2022-26 government is and will be on the economy.
The foreign minister said the past 12 years “have made it clear what a competitive edge a country will gain through quick decision-making supported by political stability”.