The first phase of the reorganization is scheduled to be wound up in the summer and the second by the summer of 2017, by which time all other organizations making state payments will be abolished, Hungarian news agency MTI cited Lázár as saying.
The reorganized treasury would be responsible for payments such as pensions and health insurance benefits, Lázár said, while ministries would be in charge of making policy decisions.
Lázár said Prime Minister Viktor Orbán is resolute in dividing governmental task into two separate tiers, one for strategic decision making and regulating and one for executive functions, MTI reported.
Lázár added that changes in the treasury’s personnel could take place, as well as an upgrade of its IT infrastructure.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
