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Dynamic, sustainable growth aim of gov't strategy

Hungary's new government aims to use a growth-oriented and work-centred economic stimulus strategy to achieve dynamic and sustainable economic growth while boosting the country's competitiveness and making it more attractive to foreign capital, the Fidesz-KDNP alliance's candidate for national development minister Tamás Fellegi said at a parliamentary committee hearing on Thursday.

The National Development Ministry will focus on asserting national interests in all areas overseen by the ministry, Fellegi said.

Fellegi pledged a unified and transparent system of asset management. The ministry will exercise oversight of the management of assets owned by the state as well as of the use of European Union and state development funding, he added. 

The ministry will establish an independent area in which an organisation reviewing state support can work. Public-private partnerships that have already been signed as well as those to be signed in the future will be reviewed, as will possible privatisations. (MTI-ECONEWS)