House Speaker László Kövér said the government’s new economic policies will set Hungary on a sustainable growth path.
During a campaign stop on Thursday in Janoshalma, in southern Hungary, to promote the National Consultation public survey, Kövér said that annual growth of 3-6 percent could be expected going forward.
This would be “at least twice the average growth of the European Union”, he said, adding that Hungary would continue on the path towards catching up with the rest of Europe.
The wage agreement struck in recent weeks would help average pay to reach 1 million forints within the foreseeable future, he said.
Mass tourism has put upward pressure on house prices, he noted, so many Hungarians, especially young people in Budapest, cannot afford their own homes, adding that the budget also promotes cheap housing.
Kövér also emphasised the importance of preserving the purchasing value of pensions and retirement benefits, especially the 13th-month pension.
Meanwhile, small and medium-sized enterprises, making up more than two-thirds of the economy, deserved support for recapitalisation, if needed, to undergird their growth prospects.
With these measures Hungary would return to a sustainable growth path, he concluded.
