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Finance Minister Mihály Varga has said the 2020 budget will be geared towards families. In an interview to public radio on Sunday, Varga said the government next week will submit to parliament a family-friendly budget with the aim of reversing the declining population.
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Hungarian football no longer enjoys the reputation it once did, yet it gets more funding than ever - some say at the expense of hospitals.
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The Monetary Council of the National Bank of Hungary (NBH) left the central bank base rate and overnight deposit rate unchanged at 0.90% and -0.05%, respectively, at a monthly policy meeting.
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Hungary’s first-quarter GDP grew by an annual 5.3%, the Central Statistical Office (KSH) said in a first reading of data.
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The rate of consumer price inflation in Hungary accelerated to 3.9% in April from 3.7% in the previous month, the Central Statistical Office (KSH) said.
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The European Commission raised its projection for Hungary’s GDP growth this year to 3.7% from 3.4% in its latest quarterly forecast.
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