About two-thirds of the CSOK applications were for funding for new homes, with the total amount of funds applied for reaching almost HUF 143 billion, Ágnes Hornung, minister of state for financial affairs at the Ministry for National Economy, said at a conference organized by HG Média on Tuesday, national news agency MTI reported.
Talks are underway on how to give the market further impetus as well as better targeting the system of support for home purchases, she noted.
Hornung acknowledged a shortage of labor as well as building materials in the construction industry, noting that about one-fifth of home projects are behind schedule, but added that government labor market measures would help the situation.
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.
