Hungary’s Parliament on Tuesday approved the main figures of the 2009 central budget showing revenue of HUF 8,270 billion, expenditures of HUF 8,933.7 billion and a deficit of HUF 663.7 billion.
The figures were approved with a vote of 211 ayes and 169 abstentions.
MPs also voted on a government-supported amendment to place a HUF 80,000 cap on annual bonuses for pensioners and introduce a 62-years-of-age eligibility requirement for the bonus. The change was passed with a roll call vote of 210 ayes and 169 nays.
The government projects inflation will slow to 4.5% in 2009 from 6.4% in 2008. It sees real wages falling 2% in 2009 and household consumption dropping 3%. (MTI – Econews)