The left-wing government was characterized by indebtedness, high inflation and economic stagnation.
“Is it credible when the left is worried about the inflation situation? - asked the question of the Minister of Finance on his Facebook page.
During their administration, the average inflation rate exceeded 5 percent, but in March 2007, when there was neither war nor crisis, the rate of Hungarian currency deterioration was over 9 percent. Nothing was done against inflation. Even before the economic crisis of 2008, the left-wing government was characterized by indebtedness, high inflation and economic stagnation.
In contrast, what is the situation today?
Due to the economic effects caused by the epidemic, rising energy prices, sanctions and the state of war, inflation is high throughout Europe. The Hungarian people must be protected from this, and the government has therefore taken meaningful steps to mitigate the effects, which will soften the monetary deterioration by approximately 3 percentage points. Thus, Hungarian inflation is in the middle range of the EU. Our economic growth is among the first in Europe, employment is at a record high, wages are rising by an average of 10 percent, tax cuts and subsidies of several thousand billion forints spent on strengthening families help protect people."
Source: Facebook
Featured image: Origo
