Government submits budget

More support to families

MH – 2018.06.14. 10:42 –

Finance Minister Mihaly Varga submitted Hungary's 2019 budget bill to parliament on Wednesday, MTI reports.

Before presenting the document to House Speaker Laszlo Kover, the minister said the bill is designed to guarantee Hungary's security, maintain economic growth, support families and pave the way for full employment.

Next year's budget targets economic growth of 4.1 percent and a budget deficit of 1.8 percent of GDP based on European Union accounting rules. The public debt is seen dropping to 70.3 percent from 72.9 percent of GDP.