Disbursements from the fund were prioritized after a review of contracts and HUF 2 billion will soon be paid to 214 recipients, Fellegi said. Another round of disbursements will be made, but this will depend on plugging the fund’s deficit and a further review of contracts, he added.
Hungary has committed to raising spending on research and development and innovation to 1.8% of GDP by 2020 from 0.9% at present.
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