Gov't Adopts SME Strategy

Government

The government reviewed, adapted and adopted the "Strategy for Strengthening Hungarian Micro, Small and Medium Enterprises 2019-2030" and determined the priority business development measures to be implemented for the sake of SMEs in the next two years, the Ministry of National Economy announced in a statement on its website.

The ministry said that the government's goal is for continuous growth to play a leading role again in the second half of the decade and for economic development to reach 90% of the EU average by 2030.

For the period up to 2030, the strategy, with its complex approach, offers solutions for Hungarian SMEs to make external conditions suitable and to exploit internal opportunities, the statement notes.

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