NGM: the review of the SME strategy has been completed, the aim is to strengthen Hungarian SMEs

By: Trademagazin Date: 2024. 01. 25. 11:31

The government reviewed and adopted the strategic document entitled “Strategy for the Strengthening of Hungarian Micro, Small and Medium Enterprises 2019-2030” and determined the priority business development measures to be implemented for the sake of enterprises in the next two years, the Ministry of National Economy (NGM) announced in its statement on Thursday.

The NGM highlighted: the government’s goal is for continuous growth to play a leading role again in the second half of the decade, and for economic development to reach 90 percent of the EU average by 2030. For the period up to 2030, the SME strategy, with its complex approach, offers solutions for Hungarian SMEs both to make external conditions suitable and to exploit internal opportunities.

The aim of the government is to provide the entire SME sector with the predictable frameworks necessary for operation by strengthening the value-creating ability of the company circle capable of serious growth – the ministry emphasizes.