Budget Resources Ensure Continuation of Utility Price Regulations, Gulyás Says

Government

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.

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