Lawmakers Raise 2018 Budget Expenditures By More Than HUF 125 Bn

  • 3 Jun 2017 8:00 AM
Lawmakers Raise 2018 Budget Expenditures By More Than HUF 125 Bn
Parliament’s budget committee finalised more than 125 billion forints (EUR 406m) in additional expenditures, balanced out by extra revenue and trimmed spending in other areas, in next year’s budget.

Among the additional expenditures are 20 billion forints for an upgrade of the Paks nuclear power plant, 16.4 billion forints for tourism developments, some 20 billion forints for family support, 10 billion forints for mortgage debt relief for families with three or more children and 6.2 billion forints for the celebration next year of anniversaries by the Cistercian and Premonstratensian orders.

Republished with permission of Hungary Matters, MTI’s daily newsletter.

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