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Gov't aims to improve competitiveness

The government's main aim is to improve competitiveness and increase labor market participation, but this makes a restructuring of the tax system and a reduction of the tax burden unavoidable, Finance Minister Péter Oszkó said in Parliament.

The establishment of a more competitive tax system has to be formed to fit the question of budget balance, which will later crate the conditions for long-term economic growth, Oszkó said.

In the current situation, immediate crisis management measures must be separated from ones that extend for years, which is why the government is now submitting only those tax changes planned for 2009, he said. The cabinet still wants to tax questions related to the coming years to come before Parliament during the spring session, he added. (MTI – Econews)