Ministry of Finance
News
The renewed International Investment Bank could facilitate the economic development of Member States
Ministry of Finance, June 23, 2016 11:59 AM
“One of the priority goals of Hungarian economic policy continues to be to improve domestic and international conditions for sustainable economic growth”, Minister for National Economy Mihály Varga stressed at the opening of the International Investment Bank’s (IIB’s) Council Meeting in Budapest.
Projects and developments in next year’s budget
Ministry of Finance, June 21, 2016 4:02 PM
Thanks to the budget of tax reductions and housing benefits, everyone will be able to take a step forward next year.
Real wages increase by over 7 percent
Ministry of Finance, June 21, 2016 2:27 PM
Real wages within the national economy once again increased by an outstanding amount, by 7.5 percent, from January-April 2016, according to the quick report published this morning by the Central Statistical Office (KSH). Hungarian reforms are working, as also indicated by the fact that real wages in Hungary have been increasingly continuously for 40 months in succession.
Hungary and EBRD acquire minority stakes in Erste Bank Hungary Zrt
Ministry of Finance, June 20, 2016 2:30 PM
The new shareholders will each own a 15 per cent equity stake.
Next year’s budget adopted with reserve funds of HUF 205bn
Ministry of Finance, June 14, 2016 3:51 PM
Reserves in three budget estimates of the 2017 Budget total HUF 205bn, which amount guarantees that tax reductions continue, the government debt-to-GDP ratio falls further and the budget remains balanced even if external conditions worsen, Minister of State for Public Finances Péter Benő Banai told news channel M1on Tuesday.
Industrial output rose by more than 5 percent in April 2016
Ministry of Finance, June 14, 2016 1:13 PM
In April 2016, the volume of industrial output was up by 5.3 percent, while in the initial four months of the year output rose by 1.5 percent year-on-year. The momentum that had been driving the sector after January 2010 is expected to return. Over the past six years, industrial output has gained 24.3 percent, while since the beginning of 2014 it has increased by 9.0 percent in Hungary.
It is in the interest of Hungary and the EU to normalize relations with Russia
Ministry of Finance, June 14, 2016 11:08 AM
Minister for National Economy Mihály Varga met with US State Department Coordinator for Sanctions Policy Daniel Fried, who on his visit was accompanied by US Ambassador Colleen Bell.
The National Assembly adopted the 2017 budget that focuses on tax reductions and housing
Ministry of Finance, June 13, 2016 3:24 PM
The 2017 Budget provides stability and security for Hungarian families, and it facilitates the growth of domestic enterprises. It is a key priority for the Government that every Hungarian shall enjoy the benefits of effective Hungarian reforms.
Opening of EIB office in Budapest to bolster relations with Hungary
Ministry of Finance, June 13, 2016 3:22 PM
The opening of a representative office of the European Investment Bank (EIB) in Budapest will strengthen ties between Hungary and the EIB, and it is also a sign of recognition of Hungary’s economic policy, Minister for National Economy Mihály Varga said, following the official announcement of the decision.
Mihály Varga and high-profile Kyrgyz delegation discuss fostering closer economic relations
Ministry of Finance, June 10, 2016 9:51 AM
Minister for National Economy Mihály Varga met with Kyrgyz Parliament Speaker Chinibai Akunovich Tursunbekov to find options for bolstering industrial cooperation and existing economic ties.