Parliament accepts budget, amends constitution

Hungary’s parliament passed into law the government’s budget for 2023 in a final vote on Tuesday. The budget was passed with 135 votes in favour and 54 votes against. It calculates with a GDP growth of 4.1%, a deficit target of 3.5% of GDP and a 5.2% inflation rate. Targeted central revenues total 31,074 billion forints (EUR 77.3bn) as against expenditure of 33,426 billion, with … Continue reading Parliament accepts budget, amends constitution