Winning Bidders For EU Money Should Get Payment Upfront

  • 5 Feb 2016 8:00 AM
Winning Bidders For EU Money Should Get Payment Upfront
János Lázár, the government office chief, said he would propose to the government that winning bidders in EU tenders should be allowed to immediately receive upfront 50% of the amount awarded.

He also said tax administration is currently too slow. It takes an average Hungarian business 277 hours to complete tax administration each year.

He said that an expansion of the regional network of single-window government offices will be completed by May and this will require a 50 billion forint (EUR 162m) IT upgrade.

On the subject of the government’s home subsidy programme, Lázár said 40 billion forints have been laid aside in the 2016 budget for the purpose and this amount could be raised without limit if there is demand. In the coming weeks the government will publish two decrees unifying the regulations on subsidised home purchases, he said.

Fully 80-90% of the population agrees with the idea of the government supporting families with children with the measures, he said.

Source www.hungarymatters.hu - Visit Hungary Matters to sign-up for MTI’s twice-daily newsletter.

MTI photo: Marjai János

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