Nagy pointed to the launch of the Demján Sándor Program to scale up SMEs and said the government was weighing further measures to streamline and reduce taxes.
He said an agreement would be signed with the Hungarian Chamber of Commerce and Industry (MKIK) that set goals for cutting red tape as well as streamlining and cutting taxes in the framework of a four-year cooperation.
Presenting the results of a business survey conducted by think tank Szazadveg in January-February, Nagy said 57% of companies planned to boost CAPEX in 2025, up from 27% in 2024. More companies in the farm, healthcare, and telecommunications sectors plan to make investments than in the manufacturing and logistics sectors, he added.
Over 42% of companies augur a pickup in demand and just 14% expect orders to decline, he said. Most companies said they would benefit from a stable exchange rate, he added.
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