The Hungarian Village program is expanding with the support of small town shops and pubs and two additional elements
The government has decided to expand the Hungarian Village program with four elements – support for small-town shops and pubs, as well as a program for church renovation and the installation of cash machines – Alpár Gyopáros, the government commissioner responsible for the development of modern settlements, announced on Thursday in Budapest, to Kormányinfo.
Gergely Gulyás, the minister leading the Prime Minister’s Office, said that at the government’s meeting on Wednesday, he heard the new president of the Hungarian National Bank, who presented the central bank’s forecasts.
He added that the government is counting on 4.5 percent inflation for this year, as the central bank’s inflation forecast is also at least 4.5 percent. This also means that the government has a legal obligation to pay a supplementary pension increase, and more than 90 billion forints have been allocated for this purpose, he indicated.
Assuming 4.5 percent inflation, an additional increase of about 1.3 percent will be needed in November. This means 39,600 forints for the average pension, he said.
He highlighted that the inflation figure could be more favorable than the forecast, primarily because the government’s price-cutting measures have come into effect.
Based on the experience so far, the introduction of margin regulation has fulfilled the hopes attached to it: prices for 874 products have decreased by an average of 17.5 percent, he said.
Gergely Gulyás emphasized that the government remains fully committed to putting an end to unjustified price increases, and that they are ready to make further decisions if necessary.
Related news
The average amount of personal loans has exceeded the 3 million forint mark
The average amount of personal loans planned by loan applicants…
Read more >Diverse calls for proposals help farmers
The Hungarian agriculture sector is in a very intensive tendering…
Read more >Related news
Why has lactose-free milk become cheaper? – margin freeze, hidden profit margins and the trick of “free” products
A recent price comparison has come to a surprising result:…
Read more >Hungarian tourism continues to be on a strong path
In February 2025, tourism once again showed strong growth: domestic…
Read more >Makó enters a new industrial era – the Chinese aluminum can factory starts operations
A historic investment is underway in Makó: Benepack Hungary Kft.,…
Read more >