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AmCham welcomes gov't measures

Measures planned by the government announced on Tuesday are “reassuring and significant”, managing director of the American Chamber of Commerce (AmCham) in Hungary Péter Dávid told MTI on Wednesday.

Dávid welcomed the adoption of several earlier proposals by AmCham in the measures announced by Prime Minister Viktor Orbán in Parliament on Tuesday, among them reforms of the system of state administration, tax reform and a reduction in bureaucracy. This clearly shows that the government is paying attention to the point of view of big players in the Hungarian economy, among them foreign investors, he added.

Orbán's 29-point plan includes steps to cut state spending, reduce tax evasion and spur growth.

“We trust that the implementation will help improve the competitiveness of the country, and in this, the government can count on the membership of AmCham as a partner,” Dávid said.

AmCham members account for about 60% of Hungary's FDI. (MTI-Econews)