July 3rd, 2020
Hungarian lawmakers approved the government's 2021 budget on Friday. Mihaly Varga, the finance minister, said the budget was dedicated to economic protection, maintaining a state of preparedness to the novel coronavirus epidemic while at the same time, providing sufficient resources for supporting families raising children, showing the appreciation of pensioners, saving jobs and creating new ones. The budget was approved with a vote of 133 for, 61 against and 0 abstentions. The budget targets expenditures of 23,465.4 billion forints (EUR 68bn) and revenue of 21,974.2 billion forints, resulting in a deficit of 1,491.2 billion forints.