Mihály Varga: from the point of view of sovereignty, the development of the food sector is crucial
From the point of view of Hungary’s sovereignty, the development of the food sector is a key area – stated the Minister of Finance at the handover ceremony of the Nagisz Group’s new, one of the most modern cattle farms in Europe, completed with a HUF five billion investment, in Nádudvar on Friday.
Mihály Varga said that the Hungarian food supply cannot depend on other countries or foreign market players, which is why the government pays special attention to the development of domestic, competitive food industry enterprises.
The minister drew attention to the fact that the inflation unleashed in the wake of the war and sanctions was most severe in the food sector, so Hungary’s self-sufficiency in food production must also be strengthened.
The government is constantly working on rebuilding the food sector, the performance of agriculture now contributes significantly to economic growth, Mihály Varga stated.
Related news
Mihály Varga: economic stability is the most important thing
Mihály Varga, the newly appointed Governor of the Hungarian National…
Read more >Mihály Varga: the central bank’s primary goal is to maintain price stability
The primary goal of the Hungarian National Bank (MNB) is…
Read more >Mihály Varga: the Hungarian economy successfully received the last credit rating of this year
“This year alone, the credit rating agencies have assessed Hungary…
Read more >Related news
OKSZ: margin is not profit!
The international food retailer member companies of the National Trade…
Read more >Viktor Orbán on Kossuth Radio: traders cannot add more than 10 percent to the purchase price
Traders cannot add more than 10 percent to the purchase…
Read more >GKI Analysis: Why are food prices constantly rising?
In recent times, the rise in the prices of basic…
Read more >