State secretary says environmental tax to generate revenue of HUF 49 bln next year - newspaper

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The government expects to generate HUF 49 billion from environmental product-tax next year, State Secretary for Environmental Affairs Zoltán Illés told the daily Magyar Nemzet in an interview published on Wednesday.

Illés said that the government would spend HUF 26 billion of the revenue on waste management, while the remaining HUF 23 billion would flow into the government budget.

Illés told the newspaper that the government plans to expand the range of products subject to the environmental tax.

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