The Hungarian economy is successful because of the work of the Hungarian people
Katalin Novák said next year’s budget allocates HUF 2,500 billion (EUR 6.9bn), or 5 percent of GDP, to family affairs.
During the period of the coronavirus epidemic, 806 enterprises have committed themselves to realising investment projects at a total value of 377 billion forints (EUR 1.07 billion), and by doing so have protected over 143 thousand workplaces.
The economic recovery has already begun, as also indicated by the application of the tax concessions relating to sectors that have been most adversely affected by the epidemic.
Following a low-point in mid-June, the number of registered job seekers in Hungary fell by almost 25 thousand by the beginning of August, which clearly indicates that a favourable turnaround is occurring on the job market.
The development projects being realised now are assuring that Hungary can acquire a competitive advantage with respect to other countries and other economies.
The number of registered job-seekers has been on the decrease for five weeks as a result of the job creation wage support programme which will contribute to the creation of almost 38,900 new jobs.
Mr. Szijjártó highlighted that economic protection is the new phase of the fight against the coronavirus epidemic.
The number of registered job seekers in Hungary fell during the week beginning on 15 June for the first time since the introduction of the emergency measures, indicating a labour market turnaround.
tTe state funding is being paid out continuously, meaning that all applicants will have received the funding they have been awarded within a few weeks.