Hungary in 'excellent position' regarding food security
The significant role of the agriculture and food industry in the Hungarian economic strategy of the coming years was emphasized by the managing director of the agro-food business of MKB Bank and Takarékbank Dávid Hollósi at the Portfolio Agrarian 2022 conference yesterday in Kecskemét (90 km southeast of Budapest).
According to Hollósi, in the most turbulent macroeconomic environment of recent years, the most extensive rural development program to date must be launched, so there will be a great need for closer cooperation and innovative adaptability of market participants, regulators, financial institutions and guarantee institutions.
Concerning the effects of the Russo-Ukrainian war and the extraordinary situation in the economy and agricultural markets, Hollósi pointed out that food security is of paramount importance in all circumstances, and Hungary has an excellent position in this field.
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.