Gov't issues decrees on pensioners' premium, top-up
Image by Pexels
Hungary's government has issued decrees on an HUF 80,000 pensioners' premium linked to economic growth and a 1.2% top-up to compensate for higher-than-expected inflation in the latest issue of the official gazette Magyar Közlöny, according to a report by state news wire MTI.
Retired Hungarians will get the premium and top-up with their November pensions.
Finance Minister Mihály Varga said in September that Hungary's full-year GDP growth could reach 7-7.5% this year.
Consumer prices rose 4.3% year-on-year in January-August. In its latest quarterly Inflation Report, the National Bank of Hungary (MNB) augured a further rise in inflation in the autumn months and put CPI over 5% for the rest of the year.
Lenders' Home Loan Outlays at HUF 344 bln in H2 2023
EC Calls on Hungary to Comply With CJEU Ruling on Asylum See...
Hungary's Largest ESG Consultancy Formed by Merger of EY, De...
Hungary Launches HUF 15 bln Tourism Sector Support Program
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.
