Financial Action Group restructuring budget

History

The Financial Action Group for Protection Against Coronavirus has held its first meeting, said Minister of Finance Mihály Varga on his Facebook page.

Varga emphasized that the Hungarian economy is now much more stable than it was in 2008-2009, at the time of the financial crisis, but it is clear that the epidemic will affect the Hungarian economy very deeply as well.

"That is why we started the reorganization of the 2020 budget, and the planning of the 2021 budget has also begun," the minister said, stressing that this is intended to provide real cover for emerging government measures.

ADVERTISEMENT

Czech economic confidence weakens in September Analysis

Czech economic confidence weakens in September

Parl't extends pandemic legal provisions Parliament

Parl't extends pandemic legal provisions

Energy Efficiency: End-users, Energy Traders and Other Stake... Inside View

Energy Efficiency: End-users, Energy Traders and Other Stake...

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 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.