“Hungary is the first country in the European Union to have issued a green bond” Minister of Finance Mihály Varga announced in a video posted to his Facebook page.
Beginning on 1 July, the National Tax and Customs Administration (NTCA) will see the invoice data of all transactions realised between over one million enterprises.
The wage support programme is now protecting the jobs of as many as 137,000 persons, the Minister of State for Employment Policy at the Ministry for Innovation and Technology said at the online press conference of the Operational Group responsible for the containment of the coronavirus epidemic held on Friday.
“Next year’s budget is the budget of economy protection, which while maintaining the level of epidemiological preparedness also provides support for families raising children, protecting pensioners, and maintaining security”, Minister of Finance Mihály Varga declared when submitting the budget bill.
Thanks to the debt repayment moratorium, in 2020 two thousand billion forints worth of excess funds will remain with members of the public and businesses, the Parliamentary State Secretary of the Ministry of Finance said at the Monday online press conference of the Operational Group responsible for the containment of the coronavirus epidemic.
The government adopted its economy protection measures in good time, the Minister of State for Taxation at the Ministry of Finance said at the Friday online press conference of the Operational Group responsible for the containment of the coronavirus epidemic.
This year, the European Commission will not be examining member states’ deviation from the system of budgetary regulations, it states amongst others in the working document of the 2020 country specific report and recommendations on Hungary published by the Commission within the framework of the European Semester.
“The coronavirus pandemic has drastically changed the European Union’s economic prospects, and accordingly it is in the common interests of all EU member states for rapid and equitable measures to also be introduced at EU level”, Minister of Finance Mihály Varga declared during a videoconference of EU economy ministers on Tuesday.
Not even the coronavirus is able to “override” the government’s fiscal policy pursued since 2010; also during the state of danger, taxes and administrative burdens are being reduced, the Minister of State for Taxation at the Ministry of Finance stated at the Friday online press conference of the Operational Group responsible for the containment of the coronavirus epidemic.
In addition to protecting human lives, the government has adopted a number of measures to alleviate the economic losses caused by the coronavirus epidemic and to save local jobs, Finance Minister Mihály Varga said after he visited the plant of Szamos Marcipán Kft. that resumed operations on Monday, according to the communication of the Ministry of Finance.