Budget Resources Ensure Continuation of Utility Price Regulations, Gulyás Says
Fiscal resources are available to ensure the regulated price system for household utilities remains in place, Gergely Gulyás, the head of the Prime Minister's Office, said at a regular press briefing on Thursday, according to a report by state news wire MTI.
Gulyás said the government reviewed the energy situation at a cabinet meeting on Wednesday and established that all budget funding to maintain the regulated prices is available.
Households can count on there being no changes to the system, up to average consumption levels, not only until the end of the year, but beyond that, too, if possible, he added.
A week earlier, lawmakers approved amendments to the 2023 budget act that raised the allocation to protect the regulated utility price scheme to HUF 2.58 trillion, a multiple of the earlier HUF 670 bln target.
Fielding questions, Gulyás said prices that retail consumers pay for gas and electricity over average consumption levels will not change.
Hungary Gasoline Prices 3% Over Regional Avg
Hungary to Address Future of Cohesion Policy During EU Presi...
Cordia’s Marina City Project Begins
Budapest Airport Wins 'Best Airport in Eastern Europe' for 1...
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
