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Boosting competitiveness most important task of next gov't

The most important task of Hungary's next government will be to sharply increase the country's competitiveness in a way that ensures social security is strengthened, Viktor Orbán, who heads Fidesz, which won a majority in the first round of Hungary's general elections on Sunday, said at a press conference on Monday.

Orbán named tax cuts, a reduction of bureaucracy and steps against corruption among the first economic policy measures of the next government. The next government also wants to carry out state reforms, he added.

Economic growth, not austerity measures, will be at the centre of Fidesz's economic policy, Orbán said.

"I cannot carry out any budget rationalization if we cannot put the Hungarian economy on the growth path," he said. The goal is to reduce the budget deficit, he added. (MTI-ECONEWS)