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Gov’t reallocates HUF 22.4 bln from budget reserves

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).