In its statement sent to MTI on Friday, the Club of Young Families reminded that, thanks to the government's new family policy measure, the annual interest rate on the Baby Bond will rise from the current 8.1 percent to 17.5 percent as of February 1. Families are already collecting savings for 300,000 children in the tax-, contribution- and duty-free Baby Bond, the amount of which reaches HUF 200 billion.
Ficsak wrote about the advantages of the Baby Bond, that with a monthly payment of a few thousand forints, several million forints can be accumulated by the time the young person turns 18.
Opening a Baby Bond is a simple process, it can even be done online, and it comes with a 42,500 HUF start-of-life subsidy.
In their announcement, they mention that the government introduced a new, outstanding subsidy a few weeks ago; From January 2023, women who give birth to their first child before the age of 30 will be exempt from social security. The measure is expected to make the daily lives of tens of thousands of young mothers with income easier.
According to Ficsak, the measure could represent a major breakthrough in the demographic struggle, since, among other things, few children are born in Hungary today because women start starting families and having children too late. "This, as well as the other family support measures, will help many young women in their decision, since the child born is the greatest treasure," they wrote, adding that Ficsak is happy to be a partner of the government in this as well, since the goal is common: that as many young people as possible start families in Hungary .
The Club of Young Families continues to welcome the fact that the implementation of the family protection action plan is of prime importance for the government. Ficsak undertakes and supports the action plan with all its might, as the long-term goal is for Hungary to be a family-friendly place where the child comes first, the announcement reads.
Source: MTI
Photo: NOE
