FM: the reduction of VAT on pork carcass meat caused smaller than expected budget revenue shortfall

The expected budget revenue shortfall was 20-22 billion HUF. The real budget revenue shortfall has become less than half of the expected amount – the Head of the Division of the Ministry of Agriculture’s (FM) Agricultural Market Division told at a professional conference on Tuesday in Budapest.

Tarpataki Tamás at the meat business forum organized by the National Association of Agricultural Economics (NAK) told that the VAT reduction was an overall demand not only from the pig sector, but from also other parts of the food sector. (MTI)