The government's goal is an economic growth of between 3 and 6 percent, but even according to conservative calculations, growth of 3.4 percent is expected next year, said Gergely Gulyás in relation to the 2025 budget on Wednesday's Government Information. According to the minister in charge of the Prime Minister's Office, the fact that the BMW factory in Debrecen and the BYD factory in Szeged will start next year will surely add to this.
Gergely Gulyás and Viktor Orbán are traveling to Vienna on Thursday, which is why the Government Information will be held on Wednesday - it was said at the press conference, where the minister in charge of the Prime Minister's Office spoke about the 2025 budget, about the 21-point economic plan being "continuously negotiated", and about the national consultation anyone can take a stand on the subject.
They will accept what the people support
- added the minister, who believes that the new economic plan will bring changes in the Hungarian economy. Regarding the 2025 budget, he said: The government's goal is economic growth between 3 and 6 percent, but even according to conservative calculations, growth of 3.4 percent is expected next year. He added that the BMW and BYD factories will start operating next year, which in itself will result in measurable economic growth
Gergely Gulyás announced that the government had decided on two programs in detail. One of them
the interest-free worker's loan, to which young people between the ages of 17 and 25 who are employed for at least 20 hours a week or entrepreneurs will be entitled.
The loan taken can be used freely, the maximum amount of which is HUF 4 million. In exchange for the loan, the borrowers undertake to work for 5 years in Hungary, said the minister, adding that those entitled to student loans cannot of course take advantage of this opportunity. According to Gergely Gulyás, the new measure supports having children, as the repayment obligation is suspended for two years after one child,
after the second child, for another two years, and then half of the remaining outstanding loan will be forgiven by the government.
The minister also said that the government decided on the rural home renovation subsidy and its conditions. Families with children who live in a settlement with a population of less than five thousand are entitled to the subsidy. This is 91 percent of Hungarian settlements. A non-refundable renovation loan from the government can be requested in the amount of up to three million forints with a support intensity of 50 percent.
The government also submitted legislative proposals to the Parliament yesterday, including the doubling of the tax allowance for children. According to previous reports, this will take place in two phases, on July 1, 2025 and January 1, 2026 - said Gergely Gulyás, who says that the government believes that this year as a whole, including the latest quarterly growth data, proves that that a new economic policy is needed. The policy of economic neutrality eliminates or at least weakens the dependencies that influence Hungarian growth today. In any case, it is a very important element to keep
perhaps the best news of economic policy this year is that the real wage increase will be between 9 and 10 percent
said the minister.
Eszter Vitályos then explained the developments implemented in the last two weeks with government and EU support. The government spokesman said that almost HUF 8 billion were invested in Hungary, of which
the government spent more than HUF 1.4 billion on the construction and renovation of kindergartens and nurseries.
A family crèche was established in Andornaktálya, a crèche was built in Bezeny, a kindergarten and crèche were built in Budapest in the 14th century. and the XVI. district. The public port in Baja was renewed at a cost of HUF 4.1 billion; A new bicycle path was handed over in Szigetbec, and stormwater drainage was implemented in Bócsa. The energetic modernization of municipal buildings was carried out with nearly HUF 85 million in government support, and three cultural centers were also beautified. In Jászfelsőszentgyörgy, the cultural center was renovated at a cost of HUF 300 million. In Baja, the renovation of the Szent László Cultural Center was carried out for 30 million forints, and in Vácduk the community center was expanded with modern stage equipment - listed the government spokesman, who also spoke about the fact that government investments in the area of sports amounted to almost 700 million forints.
Source: hirado.hu
Cover image: Illustration / MTI/Koszticsák Szilárd