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Hungary lawmakers approve 2019 budget
July 20th, 2018
Parliament approved on Friday the government's 2019 budget bill. The bill was approved with 128 votes in favour and 56 votes against. The 2019 budget targets revenue of 19,580.4 billion forints (EUR 60.1bn) and expenditures of 20,578.8 billion forints, leaving a deficit of 998.4 billion forints. It targets economic growth of 4.1 percent and a budget deficit of 1.8 percent of GDP based on European Union accounting rules. Finance Minister Mihaly Varga said earlier that next year's budget would ensure "steady growth".
MTI