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FinMin: 2023 budget dedicated to utility price cuts, defence

June 22nd, 2022

Utility price cuts and defence spending are the factors of economic policy defining the 2023 budget, Finance Minister Mihaly Varga said in parliament on Wednesday, presenting the 2023 draft budget. The government maintains a disciplined fiscal policy with an aim of preserving stability and improving balance indicators, he said. Measures to increase revenues were paired with those cutting expenditures to cut state debt and the deficit, he said.


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