ADVERTISEMENT

Gov't spent HUF 2 tln so far on Modern Cities program

Government

Image by Shutterstock.com

Spending on the government's Modern Cities program, launched in 2017 to support upgrades in Hungary's biggest cities outside the capital, reached HUF 2 trillion or half of the estimated total budget by the end of last year, the Prime Minister's Office said, according to a report by state news wire MTI.

Government commissioner in charge of the program Alpár Gyopáros said the scheme includes developments worth a total HUF 4 tln. 

He added that the program would continue in 2021, with projects providing economic stimulus and creating jobs as well as projects in the areas of culture, health, urban development, sports and recreation, and infrastructure in Hungary's 23 cities with county rights.

MOL Renovates Base Storing Strategic Kerosene Reserves Energy Trade

MOL Renovates Base Storing Strategic Kerosene Reserves

EC Advances Infringement Procedure Over Hungary's Sovereignt... EU

EC Advances Infringement Procedure Over Hungary's Sovereignt...

Hell Energy Inaugurates HUF 80 bln Capacity Expansion Manufacturing

Hell Energy Inaugurates HUF 80 bln Capacity Expansion

Puskás Arena to Host 2026 Champions League Final In Budapest

Puskás Arena to Host 2026 Champions League Final

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.