Thanks to the successful utilization of the funding available in the fiscal period of 2007-2013, economic growth in 2015 is once again expected to beat prior estimates. The timely launch of new tendering processes for the new fiscal period of 2014-2020 will further fuel economic expansion through boosting competiveness and employment. Development funding of HUF 850bn, which includes financing for 68 tenders, constitutes the first chunk of resources allocated for the Economic Development and Innovation Operative Programme (PEDIOP).
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(Ministry for National Economy)