Ministry of Finance

Mihály Varga

Minister of Finance

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New government securities for members of the public ‘Hungarian Government Securities Plus’ available for subscription from 3 June

Ministry of Finance, June 6, 2019 11:26 AM

The latest government securities intended for members of the public issued under the name Hungarian Government Securities Plus – which will offer higher gains than any other government securities in the past – will be available for subscription from 3 June 2019, Finance Minister Mihály Varga announced.

Government submits family support budget

Ministry of Finance, June 4, 2019 4:27 PM

“Next year’s budget is the budget of supporting families and provides help and security to families raising children”, Minister of Finance Mihály Varga declared when the bill was submitted to Parliament in Budapest on Tuesday.

Next year’s budget could be budget of families

Ministry of Finance, June 3, 2019 3:12 PM

Finance Minister Mihály Varga described the 2020 budget as the budget of families on Kossuth Radio’s programme Sunday Paper.

The Economy Protection Action Plan

Ministry of Finance, May 31, 2019 10:39 AM

Thanks to the work of Hungarian people and enterprises, and a suitable economic policy, the Hungarian economy is performing better than ever before within the fields of economic growth, increasing employment, reducing unemployment and increasing wages alike.

Government has adopted economy protection action plan to uphold dynamic growth of Hungarian economy

Ministry of Finance, May 30, 2019 6:16 PM

The government has adopted an economy protection action plan consisting of 13 plus 1 points, the principal elements of which relate to the simplification of taxation, the reduction of the rates of certain taxes, and the consolidation of taxes. The government would like to uphold the Hungarian economy’s dynamic growth, Finance Minister Mihály Varga said at the press conference Governmentinfo.

The Government is continuing to whiten the economy

Ministry of Finance, May 30, 2019 10:43 AM

“The economic whitening measures introduced by the Government to date have been successful, and the Ministry of Finance is continuing to whiten the economy; in future, new vending machines, for instance those operating in car parks and car washes, will also be directly linked to system of the Tax and Customs Office (NAV)”, State Secretary for Finances Gábor Gion from the Ministry of Finance said at a professional conference organised by financial news portal Portfolio.hu in Budapest on Tuesday.

The OECD has confirmed that Hungary is one of the European Union’s most dynamically developing countries

Ministry of Finance, May 22, 2019 9:04 AM

“The evaluation by the Organisation for Economic Co-operation and Development (OECD) also confirms that Hungary is one of the European Union’s most dynamically developing member states”, the Finance Ministry’s State Secretary for Financial Policy, Gábor Gion said in assessment of the OECD’s latest report analysing economic prospects.

Hungarian economic growth among the highest in the EU

Ministry of Finance, May 16, 2019 4:21 PM

“The success of the Government’s economic policy is proven by the fact that domestic GDP grew by 5.3 percent during the first quarter of 2019, exceeding analysts’ estimates”, Minister of Finance Mihály Varga declared.

Budget processes in line with expectations

Ministry of Finance, May 9, 2019 2:23 PM

“The state of the budget is stable and balanced thanks to the performance of the Hungarian economy and the increasing revenues being realised despite the tax cuts”, Minister of Finance Mihály Varga declared.

Growth above EU average and decreasing sovereign debt also in coming years

Ministry of Finance, May 8, 2019 4:18 PM

The Hungarian economy will remain on a course of growth above the EU average also in the coming years, and this will be combined with stable state finances and a decreasing sovereign debt, Finance Minister Mihály Varga said at a press conference introducing the Convergence Programme for the period between 2019-2023.