– Other EU countries are also starting to open, so the competition is starting again. The difference, however, is that almost only in Hungary the lifting of restrictions is based on the ratio of administered vaccinations, László Parragh told Magyar Nemzet. The president of the Hungarian Chamber of Commerce and Industry indicated that the Hungarian economy gained at least six hundred billion forints by achieving a significant level of cross-cutting.

- According to estimates, the crisis cost the country HUF 15 billion per day. If we calculate that, thanks to the extremely successful vaccination program, the restrictions could be lifted roughly 45-60 days earlier than in several competing countries, this means that we saved about 1-1.5 percent of the gross domestic product. This means at least six hundred billion forints , László Parragh, president of the Hungarian Chamber of Commerce and Industry, told the Hungarian Nation.
By the way, this amount is about as much as families can get back at the beginning of next year. As we wrote, the Prime Minister announced that if this year's economic growth exceeds 5.5 percent, then in 2022 the state will reimburse families for the entire SJA payment of 2021 . This can mean a maximum of HUF 800,000 per person. That is: in a family where two parents raise a child or several children, the given household can get richer by HUF 1.6 million. Prime Minister Viktor Orbán justified this by saying that the crisis put families in the most difficult situation. In this way, the government would like to contribute to the fact that those concerned can become financially stronger and replenish their spent reserves.

- With the success of the vaccination program, the country also gained a leg up economically. The importance of this is enormous - emphasized the president of the chamber. – All this means that all industries can get back on their feet much faster. The sector that was more affected by the crisis, as well as the sector that was less affected or not at all, he explained.

According to László Parragh, all this means that the majority of companies recover from the difficult situation sooner and are able to generate profit. It is possible to return to the market or strengthen the market position of the given company. All of this helps to boost investments.

At the same time, László Parragh drew attention to the fact that other EU countries are also starting to open, so the competition will start again. The difference, however, is that almost only in Hungary the lifting of the restrictions is supported by the proportion of vaccinations administered. In other words: where they open without sufficient vaccination of the population, it can easily happen that the restrictions have to be ordered again soon. This was the case with Portugal, for example. "According to our current knowledge, the lifting of restrictions in Hungary was fully justified," added the president.

- It is also thanks to the successful vaccination program - pointed out the head of the chamber - that the matches of the European football championship take place in Budapest with full houses. This apparently caused no disruption as the events pumped money into dried-up tourism, he said.

Viktor Orbán also emphasized several times that the government promotes the creation of as many jobs as were destroyed by the epidemic. Our paper also asked László Parragh about this, and he answered: the numbers show that this undertaking was successful. - In fact, we can now talk about the fact that there is a labor shortage again in certain sectors. This shows that if the economy recovers, we will face the same problems as in 2019. Economic organization must be continued from where the epidemic caused a break. There will not be a sufficient number of workers, or some of them will not have adequate qualifications. In higher education, processes must continue to be directed towards real subjects, efficiency and productivity in the economy must be improved, the president listed. "An exciting period is coming, you have to seize the opportunities," he added.

 

Source: magyarnemzet.hu. Photo: Photo: Zoltán Havran