Mihály Varga: the prospects for the Hungarian economy are good
The prospects for the Hungarian economy are good, the current moderate economic growth is accelerating – said Minister of Finance Mihály Varga at the closing plenary session of the 62nd Economist Wandering Assembly in Nyíregyháza on Friday.
In his lecture on the possibilities of the Hungarian economy entitled “After the storm – during the storm”, the head of the ministry emphasized that during the past four years, we had to experience a series of challenges that no one expected. After the pandemic, war followed, and the war is still going on.
He highlighted: the prospects of the Hungarian economy are good, since 2010 the weakening of the economy’s long-term output is due to external shocks, such as the Covid epidemic or the war. At the same time, the potential GDP has been steadily increasing since 2010, and the growth potential of the Hungarian economy is increasing, he said.
Related news
More and more Chinese tourists are coming to Hungary
Márton Nagy signed a cooperation agreement with the Minister of…
Read more >KSH: retail turnover increased by 2.5 percent in July compared to the same period of the previous year
In July, according to raw data, the turnover volume of…
Read more >NGM: the increase in retail turnover continued in July
The sales revenue of retail stores increased by 6.3 percent…
Read more >Related news
The FAO food price index decreased slightly in August
According to the Friday report of the UN Food and…
Read more >KSH: industrial production fell by 1.3 percent in July
In July 2024, the volume of industrial production was 1.3…
Read more >Extra costs of the start of the school year: most parents spend more than just on school supplies
The costs of starting school in September go far beyond…
Read more >