Growth can be four percent next year

Next year’s growth – similarly to this year – may be around 4 percent, well above the EU average – Adorján Richárd, Deputy Minister of State of the Ministry of Finance told M1 news channel Thursday morning.

The Deputy Minister of State said that next year’s budget in addition to the 4 percent increase, calculates with a 1 percent deficit, with a 1 percent reserve in the percentage of GDP.

Due to the growth, more resources will be available in all areas, while the deficit will be significantly reduced, and there will be tax cuts, and inflation will be around 2.8 percent – he added. (MTI)