We have started planning next year's budget at the Ministry of Finance, so Hungary can have a budget approved by the middle of summer, Mihály Varga wrote on his social media page. The finance minister also attached a photo in which he is conferring with Beno Péter Banai, the state secretary responsible for public finances.

Mihály Varga wrote that the goals are clear: even in the current war situation, we will preserve the stability of the country, keep the economy on a growth path and further improve the balance indicators.

The summer adoption of the budget provides a predictable and planable basis for this - concluded the finance minister's Facebook post.