ADVERTISEMENT

Parliament scheduled to vote on 2016 budget bill next week

Telco

The Hungarian Parliament is scheduled to vote on the 2016 budget bill on June 23, after it approved an amendment of the the bill this Tuesday, to finalize the main revenue and expenditure figures of the budget.

Following the vote, with 115 voting in favor and 57 voting against, the budget bill was sent to the head of the Fiscal Council, which is expected to issue its official opinion next week.


The new budget includes a total revenue of HUF 18,500 bln, total expenditures of HUF 16,561 bln, and a deficit of 761 bln

ADVERTISEMENT

IMF raises Hungary 2021 GDP growth forecast to 7.6% Analysis

IMF raises Hungary 2021 GDP growth forecast to 7.6%

Parliament approves amendment to Competition Act Parliament

Parliament approves amendment to Competition Act

New CEO announced at Codic Hungary Appointments

New CEO announced at Codic Hungary

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.