The central budget had a deficit of HUF 166.1 bln at the end of the month, but the social security funds had a HUF 62.9 bln surplus and separate state funds were HUF 35.4 bln in the black.
The ministry said that revenue from tax and contributions had climbed 12.5% from the same month a year earlier. Among expenditures, transfers to pensioners reached HUF 499.2 bln, it added, pointing to a 3.2% inflation-linked adjustment to preserve purchasing power.
Spending on prenatal baby support credit reached HUF 21.6 bln in January, up HUF 3.4 bln from the base period. The government targets HUF 10.5 bln in spending for the full year for interest-free credit it is offering to young blue-collar workers.
The ministry noted that over 800,000 households were getting HUF 1.7 trillion in yields on retail government securities in the course of the year.
The ministry reiterated the government’s commitment to maintaining fiscal discipline, while reducing the budget deficit and state debt levels.
“Support for economic development, families, pensioners, young people, and local SMEs is at the focus of the 2025 budget,” it said.
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