370 result(s) for budget deficit
2017 Budget Bill Targets Deficit Of HUF 1,166.4 BN
- 28 Apr 2016 9:00 AM
- business
Hungary’s budget is expected to run a cash-flow-based deficit of 1,166.4 billion forints (EUR 3.7bn) next year, well above the 761.6 billion gap targeted for 2016. The 2017 budget bill targets revenue of 17,374.9 billion forints and expenditures of 18,541.3 billion.
Varga: Govt To Mull Single-Digit Income Tax In 2017
- 26 Apr 2016 9:00 AM
- business
The question whether to introduce a single-digit income tax will be broached next year, the economy minister said in an interview to business daily Világgazdaság. Mihály Varga said that reducing the tax from the current 15% would lead to revenue losses amounting to 600 billion forints (EUR 1.9bn). But if the rate of growth stays on its current trajectory and the government succeeds in ...
Hungary Fully Reimbursed IMF - European Commission Loan
- 7 Apr 2016 9:00 AM
- business
On 6 April 2016, the European Commission credited the last instalment, EUR 1.5bn, of the loan facility that the former Hungarian government had received from the IMF and the European Commission in 2008 and 2009, Minister for National Economy Mihály Varga announced. With this step, he added, the Government has reached its goal of creating economic policy independence also in terms of state ...
Varga: EC Avows Hungary Economic Progress In Country Report
- 10 Mar 2016 8:00 AM
- business
The European Commission’s recent country report provides a more realistic picture of Hungary compared with previous reports as it acknowledges economic achievements due to government reform measures, the economy minister said.
Fiscal Council Head Calls Stable Growth Key To European Standard Of Living
- 25 Feb 2016 3:00 AM
- business
Catching up with the European standard of living requires economic growth to be consistently above the EU average, Árpád Kovács, head of the Fiscal Council, told the daily Magyar Idők.
Xpat Opinion: Government Plans Zero Budget Deficit
- 22 Feb 2016 8:00 AM
- business
Centrist, conservative and pro-government columnists welcome the government’s plans to cut the deficit to zero by 2017 and thus reduce public debt.
Hungary Looking To Create Conditions For Weapons Manufacture
- 17 Feb 2016 8:00 AM
- current affairs
The government is putting together and inter-ministerial committee to create the conditions for Hungary to enter the arms industry, Economy Minister Mihály Varga said on Tuesday.
Hungarian Govt To Set Up National Building Society
- 18 Jan 2016 11:00 AM
- current affairs
The government is planning a National Home Building Society modelled on British building societies, cabinet chief Antal Rogán said. Stable economic growth and a low budget deficit over the past few years have given leeway for the government to launch a homebuilding scheme.
Mayor: Budapest Agglomeration Public Transport Funded Until Feb 17
- 11 Jan 2016 8:00 AM
- getting around
Public transport services to the agglomeration of Budapest will operate until February 17, when the city’s new municipal budget is scheduled for approval, Mayor of Budapest István Tarlós, said. In talks with Prime Minister Viktor Orbán in December last year it was agreed that Budapest has no obligation to finance transport in the agglomeration area, Tarlós told a press conference.
2017 Budget Bill Targets Deficit Of HUF 1,166.4 BN
- 28 Apr 2016 9:00 AM
- business
Hungary’s budget is expected to run a cash-flow-based deficit of 1,166.4 billion forints (EUR 3.7bn) next year, well above the 761.6 billion gap targeted for 2016. The 2017 budget bill targets revenue of 17,374.9 billion forints and expenditures of 18,541.3 billion.
Varga: Govt To Mull Single-Digit Income Tax In 2017
- 26 Apr 2016 9:00 AM
- business
The question whether to introduce a single-digit income tax will be broached next year, the economy minister said in an interview to business daily Világgazdaság. Mihály Varga said that reducing the tax from the current 15% would lead to revenue losses amounting to 600 billion forints (EUR 1.9bn). But if the rate of growth stays on its current trajectory and the government succeeds in ...
Hungary Fully Reimbursed IMF - European Commission Loan
- 7 Apr 2016 9:00 AM
- business
On 6 April 2016, the European Commission credited the last instalment, EUR 1.5bn, of the loan facility that the former Hungarian government had received from the IMF and the European Commission in 2008 and 2009, Minister for National Economy Mihály Varga announced. With this step, he added, the Government has reached its goal of creating economic policy independence also in terms of state ...
Varga: EC Avows Hungary Economic Progress In Country Report
- 10 Mar 2016 8:00 AM
- business
The European Commission’s recent country report provides a more realistic picture of Hungary compared with previous reports as it acknowledges economic achievements due to government reform measures, the economy minister said.
Fiscal Council Head Calls Stable Growth Key To European Standard Of Living
- 25 Feb 2016 3:00 AM
- business
Catching up with the European standard of living requires economic growth to be consistently above the EU average, Árpád Kovács, head of the Fiscal Council, told the daily Magyar Idők.
Xpat Opinion: Government Plans Zero Budget Deficit
- 22 Feb 2016 8:00 AM
- business
Centrist, conservative and pro-government columnists welcome the government’s plans to cut the deficit to zero by 2017 and thus reduce public debt.
Hungary Looking To Create Conditions For Weapons Manufacture
- 17 Feb 2016 8:00 AM
- current affairs
The government is putting together and inter-ministerial committee to create the conditions for Hungary to enter the arms industry, Economy Minister Mihály Varga said on Tuesday.
Hungarian Govt To Set Up National Building Society
- 18 Jan 2016 11:00 AM
- current affairs
The government is planning a National Home Building Society modelled on British building societies, cabinet chief Antal Rogán said. Stable economic growth and a low budget deficit over the past few years have given leeway for the government to launch a homebuilding scheme.
Mayor: Budapest Agglomeration Public Transport Funded Until Feb 17
- 11 Jan 2016 8:00 AM
- getting around
Public transport services to the agglomeration of Budapest will operate until February 17, when the city’s new municipal budget is scheduled for approval, Mayor of Budapest István Tarlós, said. In talks with Prime Minister Viktor Orbán in December last year it was agreed that Budapest has no obligation to finance transport in the agglomeration area, Tarlós told a press conference.