Minister of Finance: Government to cut taxes by HUF 1.5 trillion next year
The personal income tax refund for families raising children will amount to a tax reduction of 600 billion forints.
In addition, the opposition is considering measures to reduce the gap between the underdeveloped and the most advanced regions, he said.
LÃ¡szlÃ³ Varju, Deputy Head of Democratic coalition, said business interests linked to the ruling Fidesz party had grown rich at the expense of hard-working employees struggling to make ends meet. The government’s wage policy was “just a band-aid”, and changes were only possible if a European minimum wage, binding on all governments, was adopted, he said.
Jobbik Deputy chef DÃ¡niel Z. KÃ¡rpÃ¡t said that despite the government’s policy of keeping Hungarian wages relatively low to make the Hungarian workforce competitive, minimum and average wages should be increased to be “closer to ‘an acceptable European average’. Police, firefighters and health workers must be better paid in the hope of retaining their services, he added.
PM OrbÃ¡n: government to freeze retail mortgage interest rates
“The whole of Europe is suffering from rising energy prices,” said OrbÃ¡n, adding that “Hungary is defending itself against this and protecting families”.
Parbeszed Deputy group leader Bence Tordai pledged to ârid the Hungarian economy of corruptionâ and make public procurement âtransparent and fairâ. This would reduce the price of services and goods purchased through this cheaper system, he insisted.
Tordai pledged to repeal the law on government strategic investment projects and review already completed projects. The opposition wants Hungary to join the European prosecutor and set up a national anti-corruption agency, he said.
An opposition government would examine politicians’ assets through a new asset reporting system designed to show “how the wealth of policymakers has grown,” Tordai said.
Budapest transport staff consider ‘record breaking’ hike
The city management also plans to spend an additional 15 billion forints to give a 15% pay rise to nearly 18,000 employees of the city’s municipal enterprises.
BÃ¶rÃ¶cz said the minimum wage, however, meant that employees were not exposed to the aggressive low-wage practices of multinationals, and accused MÃ¡rki-Zay of being “on the side of the multinationals” instead of Hungarian employees. âConversely, Fidesz is on the side of the Hungarians, which is why we have raised the minimum wage to 200,000 forints (540 euros), which is three times more than it was the last time when there was had a leftist government.