IMF talks mean no change in govt economic policy, says deputy PM

Interview

There will not be a turnaround in the government’s economic policy because of the start of new talks with the International Monetary Fund (IMF) on financial assistance for Hungary, Deputy Prime Minister Tibor Navracsics told Kossuth Radio in an interview on Tuesday.

Economic growth and job creation will remain at the centre of the government’s economic policy, just as before, Mr Navracsics said. If the talks with the IMF achieve their aim, they will serve the main goals of the cabinet’s economic policy, he added.

About 90% of cardinal legislation - that requiring a two-thirds majority in Parliament - has already been approved, but more is expected to be debated this year, he said. The session will be extended until Christmas for this purpose, he added.

Bills that must still be approved in the coming period include ones on matters involving public funding and regulations on the general government.

The cardinal legislation is required because of the New Constitution signed on Easter.

ADVERTISEMENT

Reforms to raise productivity would strengthen recovery - OE... Analysis

Reforms to raise productivity would strengthen recovery - OE...

Meeting called to address Pegasus spyware lacks quorum  Parliament

Meeting called to address Pegasus spyware lacks quorum 

Skanska commercial dev unit names new EVP of operations Hung... Appointments

Skanska commercial dev unit names new EVP of operations Hung...

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

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.