• 06 Jun 2024

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59 result(s) for it ministry in Finance

Hungarian Public Debt at Historic High

Hungarian Public Debt at Historic High

At the end of September, the gross consolidated debt of the Hungarian state was 42.106 trillion Ft. (US $130.1 billion), according to data published by the Magyar Nemzeti Bank (MNB) on the last day of 2021, making it the highest it has ever been in the country’s history.
EC Raises Hungary 2021 GDP Growth Forecast to 7.4%

EC Raises Hungary 2021 GDP Growth Forecast to 7.4%

The European Commission has raised its projection for GDP growth in Hungary this year to 7.4%, up from its July projection of 6.3%.
Central Bank Governor C riticises Hungarian Government's Economic Policy

Central Bank Governor C riticises Hungarian Government's Economic Policy

György Matolcsy, the governor of the National Bank of Hungary, suggested the country’s economic development would be better served by an “economic policy centre with a mandate to achieve sustainable convergence” in the government’s institutional structure in an op-ed piece published online by daily Magyar Nemzet.
Global Minimum Tax Against Hungary's Interests, Says Gov’t Official

Global Minimum Tax Against Hungary's Interests, Says Gov’t Official

Hungary refuses to give up its financial sovereignty by introducing a global minimum corporate tax rate, finance ministry state secretary András Tállai told publisher Mediaworks, arguing that such a tax would hurt businesses, consumers and the economy as a whole.
Hungary’s Budget Deficit Lifted In July

Hungary’s Budget Deficit Lifted In July

Hungary’s cash flow-based budget deficit, excluding local councils, reached 1,803.7 billion forints (EUR 5.09bn) at the end of July, widening on stimulus measures, the Finance Ministry said in a preliminary release of data on Monday.
Pest County: Hungary’s Largest County has Districts

Pest County: Hungary’s Largest County has Districts "Among the Country’s Most Backward"

Pest County is now eligible to apply for European Union development funding independently of the state, state secretary for European Union Development Policy at the Ministry of Human Resources, Eszter Vitályos, told a press conference, noting that in the 2021-2027 period, Pest County enterprises, local councils, church and NGOs would have direct access to a larger pot of funding.
Hungary Against Global Minimum Tax Says Gov’t Official

Hungary Against Global Minimum Tax Says Gov’t Official

Hungary rejects any plan that would force it to raise taxes, including the proposal for a global minimum tax, finance ministry state secretary András Tállai told the daily Magyar Nemzet on Tuesday.
Basic Income 'Unfair', Would Bring Chaos, Say Gov’t Official

Basic Income 'Unfair', Would Bring Chaos, Say Gov’t Official

Introducing the basic income with no strings attached would lead to an “unfair” situation and result in “chaos”, a government official has said, noting the government’s policy that anyone who wants to work should have access to a job.
Hungary Joins Finance Ministers' Coalition For Climate Action

Hungary Joins Finance Ministers' Coalition For Climate Action

Hungary has joined the Coalition of Finance Ministers for Climate Action after Finance Minister Mihály Varga signed the respective document, the ministry said on Wednesday.
Hungarian Public Debt at Historic High

Hungarian Public Debt at Historic High

At the end of September, the gross consolidated debt of the Hungarian state was 42.106 trillion Ft. (US $130.1 billion), according to data published by the Magyar Nemzeti Bank (MNB) on the last day of 2021, making it the highest it has ever been in the country’s history.
EC Raises Hungary 2021 GDP Growth Forecast to 7.4%

EC Raises Hungary 2021 GDP Growth Forecast to 7.4%

The European Commission has raised its projection for GDP growth in Hungary this year to 7.4%, up from its July projection of 6.3%.
Central Bank Governor C riticises Hungarian Government's Economic Policy

Central Bank Governor C riticises Hungarian Government's Economic Policy

György Matolcsy, the governor of the National Bank of Hungary, suggested the country’s economic development would be better served by an “economic policy centre with a mandate to achieve sustainable convergence” in the government’s institutional structure in an op-ed piece published online by daily Magyar Nemzet.
Global Minimum Tax Against Hungary's Interests, Says Gov’t Official

Global Minimum Tax Against Hungary's Interests, Says Gov’t Official

Hungary refuses to give up its financial sovereignty by introducing a global minimum corporate tax rate, finance ministry state secretary András Tállai told publisher Mediaworks, arguing that such a tax would hurt businesses, consumers and the economy as a whole.
Hungary’s Budget Deficit Lifted In July

Hungary’s Budget Deficit Lifted In July

Hungary’s cash flow-based budget deficit, excluding local councils, reached 1,803.7 billion forints (EUR 5.09bn) at the end of July, widening on stimulus measures, the Finance Ministry said in a preliminary release of data on Monday.
Pest County: Hungary’s Largest County has Districts

Pest County: Hungary’s Largest County has Districts "Among the Country’s Most Backward"

Pest County is now eligible to apply for European Union development funding independently of the state, state secretary for European Union Development Policy at the Ministry of Human Resources, Eszter Vitályos, told a press conference, noting that in the 2021-2027 period, Pest County enterprises, local councils, church and NGOs would have direct access to a larger pot of funding.
Hungary Against Global Minimum Tax Says Gov’t Official

Hungary Against Global Minimum Tax Says Gov’t Official

Hungary rejects any plan that would force it to raise taxes, including the proposal for a global minimum tax, finance ministry state secretary András Tállai told the daily Magyar Nemzet on Tuesday.
Basic Income 'Unfair', Would Bring Chaos, Say Gov’t Official

Basic Income 'Unfair', Would Bring Chaos, Say Gov’t Official

Introducing the basic income with no strings attached would lead to an “unfair” situation and result in “chaos”, a government official has said, noting the government’s policy that anyone who wants to work should have access to a job.
Hungary Joins Finance Ministers' Coalition For Climate Action

Hungary Joins Finance Ministers' Coalition For Climate Action

Hungary has joined the Coalition of Finance Ministers for Climate Action after Finance Minister Mihály Varga signed the respective document, the ministry said on Wednesday.