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Government submits budget draft to Fiscal Council

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The Fiscal Council received the governmentʼs 2016 budget draft, Árpád Kovács, the bodyʼs chairman confirmed with Hungarian news agency MTI late Friday. By law, the Fiscal Council has ten days in which to form an opinion on the bill, a period it is expected to use in its entirety, Kovács added.  

Prime Minister Viktor Orbán said earlier that he wanted to see next yearʼs budget approved by "July 1 or the first week of July", well ahead of the legal deadline for submission to Parliament. The budget will "serve predictability" and will allow "everybody to move forward", he added.

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