NGM Minister of State: earnings will also rise in the higher wage brackets
Earnings will also rise in the higher wage brackets due to the introduced tax cuts – Cseresnyés Péter, Minister of State for National Economy Ministry (NGM) told M1 news channel on Tuesday.
He added that the ministry seeks to bring more people into the labor market. This would be provided by proper trainings for professionals, by facilitating and supporting labor mobility. The range of supports related to traveling to workplace was extended from January as well – he indicated. The gross wage growth in Hungary will be 8-9 percent this year – he added. (MTI)
Related news
What will 2025 look like – shall we get ready for a flying start?
In March Mesterművek Business Club welcomed its members to a…
Read more >NGM: margin reduction has a significant impact: inflation fell to 4.7 percent in March
The government could no longer tolerate unreasonably high price increases,…
Read more >NGM: retail turnover increased by more than 3 percent in February – consumer confidence continues to strengthen
In the first two months of the year, the volume…
Read more >Related news
Confidence in the global economy plummets due to US tariff war
The economic confidence indices of the world’s leading economies have…
Read more >Earth Day: Climate awareness among the Hungarian population is on the rise
April 22 is Earth Day, so the domestic perception of…
Read more >The Dairy Products Council has launched a national campaign to promote Trappist cheese
The Milk Products Council has launched a national marketing campaign…
Read more >