Hungary’s Financial Stability & Predictability Important, Says Szijjártó

  • 18 Jul 2014 9:00 AM
Hungary’s Financial Stability & Predictability Important, Says Szijjártó
To secure financial stability and predictability, the government is committed to the continued reduction of the public debt and to pursuing a strict fiscal policy, a senior government official said today at a forum of the Hungarian European Business Council.

Péter Szijjártó, state secretary for foreign trade, said the government’s aim was for Hungary to have the highest industrial input into the national economy in the European Union.

Further, in central and eastern Europe, it aims for have the highest volume of working capital per person as well as the highest exports in proportion to the economy’s output.

To reach these goals reducing utility costs for industry on top of the cut in household utility bills is essential, he said. In addition, the government will continue its policy of signing strategic agreements with companies and restructuring the institutional system of foreign-trade representation, he said.


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