The economy ministry confirmed earlier in the week the announcement made by Prime Minister Viktor Orbán earlier that next yearʼs budget bill will be submitted to Parliament by the end of April, well before the mid-October deadline, and MPs will be able to vote on the bill by the end of the spring session, scheduled for mid-June.
The document outlines the following details: the reduction of state debt will remain a priority, the budget will be designed to raise employment and economic stability as well as keep the general government deficit under 3% of GDP. The ministry said that the government will submit its convergence plan to the European Commission in April, a plan which is happening simultaneous with development of the budget.
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.
