The pig strategy would double the pig stocks in seven years
The pig strategy adopted in the summer would double the number of pigs in seven years, which is less than 3 million at the moment. For the implementation mainly private and EU funds would be involved.
If the plan would be implemented, it would increase the pig sector’s gross output by approximately 180 billion HUF, while the gross production value of the food sector would increase with 225 to 250 billion HUF, and it would increase the GDP by 0.5 percent as well. Thus, 45 billion more VAT would flow into the budget, and 18 thousand new jobs would be created with an additional 6 to 7.5 billion HUF income tax surplus. (Braunmüller Lajos, Világgazdaság Online)
Related news
Related news
IGD: Retail media and increased efficiency will be important in 2024
This article sets out to summarise the retail trend predictions…
Read more >Vegan activist on Forbes’ prestigious “30 successful Hungarians under 30” list
Raul Vida, the founder of Prove magazine, is the first…
Read more >UEFA and Just Eat Takeaway extend partnership
Just Eat Takeaway has extended its partnership with the UEFA…
Read more >