Adopting a policy of economic neutrality is the only way to ensure Hungary can boost its GDP growth to 3-6% in 2025, the ministry said.
The government aims for the broadest possible participation in the economic upturn, especially for families, microbusinesses and SMEs, it added.
The new economic policy seeks to increase the purchasing power of working Hungarians, ensure affordable housing and scale up businesses with the launch of the Sándor Demján program, the ministry said.
Measures affecting incomes include a three-year agreement between employers and unions on minimum wage increases, the launch of a credit scheme for young blue-collar workers, and the doubling, in two steps, of the tax preference for families with children.
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