Márton Nagy: fiscal policy will play a greater role in economic recovery
Minister of National Economy Márton Nagy spoke at his annual hearing on Monday in the Budget Committee of the Parliament: the war environment and the weakness of the German economy are holding back Hungarian industrial performance, exports and investments. According to the minister, the strict monetary policy is currently having a negative impact on growth.
According to his statement, the government intends to stimulate the economy with fiscal means, through increased consumption and an increase in real wages. In the longer term, however, he considers investment-led growth to be the goal.
He said: strengthening internal demand can also support the operation of domestic businesses.
According to the minister, as a result of this budgetary policy, the deficit as a percentage of GDP was increased to 5 percent in both 2025 and 2026. He added: this level does not yet entail an EU excessive deficit procedure.
Related news
Large companies expect easing inflationary pressures and decreasing public burdens
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >The GKI business climate index closed 2025 at a one and a half year high
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >KSH: industrial production decreased by 2.7 percent in October compared to the same period of the previous year, and increased by 0.5 percent compared to the previous month
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
How do young adults celebrate?
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Vajda-Papír celebrates Ooops!’s 15th anniversary with a hybrid AI campaign
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Pre-holiday shopping at up to half price
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >
