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Bill will raise revenue from product fees in Hungary

A bill submitted to Parliament on Wednesday by an MP of governing Fidesz will restructure the environmental product fee system and raise the amount of revenue it generates from about HUF 30 billion to HUF 49 billion, state secretary for environmental affairs Zoltán Illés said in an interview with public radio early Friday.

About HUF 23 billion of the revenue from the fee will go to the central budget and HUF 26 billion will be used for waste management, Illés said. The fee will be raised slightly and there will be no exemptions, he added.