Gov’t reallocates HUF 22.4 bln from budget reserves
pixabay
The government is reallocating HUF 22.4 billion in reserves earmarked for "extraordinary government measures" in this yearʼs budget, a resolution published in the latest issue of the official gazette Magyar Közlöny shows, according to state news wire MTI.
Some HUF 4.7 bln is being reallocated for investments and renovations overseen by the Prime Ministerʼs Office.
The allocation for investments related to churches receives a HUF 3.1 bln top-up, while HUF 1 bln more goes to support celebrations of the 200th anniversary of the birth of the poet János Arany.
An additional HUF 3.6 bln is being allocated for investments overseen by the Public Procurement Directorate of the Ministry for National Economy, while HUF 2 bln more has been made available for the purchase and completion of public-private partnerships (PPPs).
ÁKK Sells HUF 50 bln of Bonds at Auction, Over Plan
Hungary to Address Future of Cohesion Policy During EU Presi...
Foreign-owned Companies Generate Over Half of E-tail Turnove...
Time Out Market to Open in Budapest Next Year
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.
