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Szijjarto: Govt mulls doubling support for business investments

May 8th, 2020

The government will discuss doubling the budget for supporting the investments of businesses that save jobs, in light of the success of the scheme so far, the foreign affairs and trade minister said on Friday. The government originally earmarked 50 billion forints (EUR 143.0m) towards a programme launched three weeks ago together with the Hungarian Investment Promotion Agency (HIPA) centred on subsidising the investments of companies that preserve jobs, Peter Szijjarto noted in a Facebook entry. So far, 280 companies have applied for the programme, undertaking a total of 138 billion forints' worth of investments to preserve 50,828 jobs, the minister added.


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