Economic achievements made the tax reductions and wage increases possible, says State Secretary.
Following the pay rises in the public sector, tax reductions will also create the conditions for higher salaries in the private sector, according to the State Secretary at the Cabinet Office of the Prime Minister, Csaba Domotor. He added that the government will insist on the tax reductions ”tooth and nail”. The comprehensive wage agreement already has its effects felt, he told a press conference, Kormány.hu reported. He pointed out: the Hungarian GDP is increasing steadily, unemployment has decreased from some 12 percent in 2010 to 4.5 per cent to date, during the same period, the number of people in employment has increased by more than 700 thousand, and the majority of new jobs have been created in the market sector.
