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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 30bn to HUF 49bn, state secretary for environmental affairs Zoltan Illes said in an interview with public radio early Friday.

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