1,049 result(s) for state budget
IMF Urges Policy Reform To Improve Investment Climate
- 2 May 2016 9:00 AM
- current affairs
The International Monetary Fund (IMF) called for structural policies to improve the investment climate, enhance competitiveness and address weaknesses in the labour market in a report following scheduled consultations. “Increased market confidence and enhanced competitiveness would lift private investment, including from abroad.
Xpat Opinion: The 10 Most Outrageous Things In 2017 Budget According To 444.Hu
- 2 May 2016 9:00 AM
- current affairs
Hungarian news site 444.hu published an article Thursday entitled “The Top Ten Most Outrageous Things Financed in the 2017 Budget. While one can certainly argue that ridiculous (and superfluous) things are financed by states around the world, it is worth pointing out here that 444‘s list looks especially outrageous when one considers the dismal state of education and health-care.
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.
City Council Cuts Budapest Festival Orchestra Funding By HUF 200 M
- 28 Apr 2016 9:00 AM
- community & culture
The Budapest general assembly voted to cut funding for the internationally celebrated Budapest Festival Orchestra from last year’s 260 million forints (EUR 840,000) to 60 million forints. Budapest Deputy Mayor Alexandra Szalay- Bobrovniczky said in the debate on the orchestra’s funding that it receives a significant amount of state support alongside the money it gets from the city.
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 ...
Formula 1: Bernie Ecclestone Confirms Hungarian Grand Prix Until At Least 2026
- 23 Apr 2016 9:00 AM
- sport
Bernie Ecclestone, the British business magnate who is chief executive of the Formula One Group, has confirmed that the Hungarian Grand Prix, held every year at the Hungaroring motor racing circuit at Mogyoród, near Budapest, will be held at least until 2026.
Varga: Govt Aims For Lower VAT, But “Now Is Not The Time”
- 22 Apr 2016 9:00 AM
- business
Hungary’s government aims to reduce the 27% general value-added tax rate in the long term, though “now is not the time” for a cut, Economy Minister Mihály Varga said in an interview in the fresh issue of business weekly Figyelő. “It would be nice if the VAT rate could be reduced and the top rate brought to 25% or lower. This is in line with the cabinet’s long-term intentions, but now is not the ...
HR Ministry Proposes Bonuses, Wage Hikes For Teaching Assistants
- 20 Apr 2016 9:00 AM
- current affairs
The human resources ministry has proposed that public school teaching assistants be given bonuses on two occasions this year and a 10% wage increase in 2017. Deputy state secretary for public education Imre Sipos told MTI after a meeting of the public education roundtable on Tuesday that the proposal affects some 15,000 people and it was supported by the participants at the meeting.
Official: First Year Of Migrant Quota Would Cost Hungary Huf 200bn
- 20 Apr 2016 2:00 AM
- current affairs
Hungary would need to spend a total of 200 billion forints (EUR 643.7m) on services related to the accommodation of migrants planned to be sent to Hungary under the European Union’s mandatory quota just in the first year, state secretary Bence Rétvári told the daily Magyar Idők.
IMF Urges Policy Reform To Improve Investment Climate
- 2 May 2016 9:00 AM
- current affairs
The International Monetary Fund (IMF) called for structural policies to improve the investment climate, enhance competitiveness and address weaknesses in the labour market in a report following scheduled consultations. “Increased market confidence and enhanced competitiveness would lift private investment, including from abroad.
Xpat Opinion: The 10 Most Outrageous Things In 2017 Budget According To 444.Hu
- 2 May 2016 9:00 AM
- current affairs
Hungarian news site 444.hu published an article Thursday entitled “The Top Ten Most Outrageous Things Financed in the 2017 Budget. While one can certainly argue that ridiculous (and superfluous) things are financed by states around the world, it is worth pointing out here that 444‘s list looks especially outrageous when one considers the dismal state of education and health-care.
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.
City Council Cuts Budapest Festival Orchestra Funding By HUF 200 M
- 28 Apr 2016 9:00 AM
- community & culture
The Budapest general assembly voted to cut funding for the internationally celebrated Budapest Festival Orchestra from last year’s 260 million forints (EUR 840,000) to 60 million forints. Budapest Deputy Mayor Alexandra Szalay- Bobrovniczky said in the debate on the orchestra’s funding that it receives a significant amount of state support alongside the money it gets from the city.
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 ...
Formula 1: Bernie Ecclestone Confirms Hungarian Grand Prix Until At Least 2026
- 23 Apr 2016 9:00 AM
- sport
Bernie Ecclestone, the British business magnate who is chief executive of the Formula One Group, has confirmed that the Hungarian Grand Prix, held every year at the Hungaroring motor racing circuit at Mogyoród, near Budapest, will be held at least until 2026.
Varga: Govt Aims For Lower VAT, But “Now Is Not The Time”
- 22 Apr 2016 9:00 AM
- business
Hungary’s government aims to reduce the 27% general value-added tax rate in the long term, though “now is not the time” for a cut, Economy Minister Mihály Varga said in an interview in the fresh issue of business weekly Figyelő. “It would be nice if the VAT rate could be reduced and the top rate brought to 25% or lower. This is in line with the cabinet’s long-term intentions, but now is not the ...
HR Ministry Proposes Bonuses, Wage Hikes For Teaching Assistants
- 20 Apr 2016 9:00 AM
- current affairs
The human resources ministry has proposed that public school teaching assistants be given bonuses on two occasions this year and a 10% wage increase in 2017. Deputy state secretary for public education Imre Sipos told MTI after a meeting of the public education roundtable on Tuesday that the proposal affects some 15,000 people and it was supported by the participants at the meeting.
Official: First Year Of Migrant Quota Would Cost Hungary Huf 200bn
- 20 Apr 2016 2:00 AM
- current affairs
Hungary would need to spend a total of 200 billion forints (EUR 643.7m) on services related to the accommodation of migrants planned to be sent to Hungary under the European Union’s mandatory quota just in the first year, state secretary Bence Rétvári told the daily Magyar Idők.