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Gov't to continue subsidies supporting healthcare supply self-sufficiency

Government

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The government will continue this year a program subsidizing corporate investments that boost Hungary's level of self-sufficiency in the production of medical supplies, Finance Minister Mihály Varga said in a video message posted on his Facebook page on Wednesday, according to state news wire MTI.

Under the program launched in mid-2020, in the face of the coronavirus crisis, the government has awarded HUF 50 billion in subsidies for 46 such investments with a combined value of HUF 65 bln, Varga said.

Subsidies for adding to local manufacturers' capacity to turn out rubber gloves, masks, medicines, disinfectants and ventilators not only increase national self-sufficiency and creates opportunities to export, it preserves jobs and supports the economic recovery, he added.

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