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Gov't reallocates HUF 19.2 bln from general reserves

The government has reallocated HUF 19.2 billion from general reserves in the 2010 budget to the Interior Ministry and the National Economy Ministry, a decree published in official gazette Magyar Közlöny shows.

Within the transfers to the National Economy Ministry, HUF 4.2 billion will go to tax office APEH: HUF 3.4 billion for investments and HUF 800 million for material expenditures.

Within the Interior Ministry, HUF 8.04 billion will go to the country's police force, including HUF 6.08 billion for material expenditures. A further HUF 4.38 billion will go to the penal system, including HUF 2.58 billion for material expenditures. The Terrorism Prevention Centre will get HUF 1.4 billion.

The National Catastrophe Protection Directorate will get HUF 500m and HUF 680 million will be used to support public security tasks.

Central budget general reserves were raised from HUF 92.51 billion to HUF 153.5 billion under an amendment to the 2010 budget act passed by Parliament on December 6. The rise was to be financed from the HUF 61 billion targeted to flow in from the crisis tax levied on telecommunication companies.

The government approved on December 9 to spend HUF 20 billion from general reserves on a capital raise at state-owned Hungarian Development Bank. (MTI-Econews)