The Hungarian government does not plan to weaken the fiscal policy related to the upcoming parliamentary election of 2026.
Hungarian budget deficiency in April reached a record level. The reason for this is that interest payments exceed increased tax revenues, Bloomberg reports.
Hungary’s Ministry of Economy records that in the first four months of 2025, the budget deficit costs more than 2.9 trillion forints ($ 8 billion) – the worst indicator for this time.
At the same time, in April 2025 alone, the Hungarian budget deficit cost 376 billion forints ($ 899 million).
“Budget expenditures are significantly frozen, proving the fiscal policy ability to respond quickly,” said State Secretary of the Ministry of Economy in Hungarian Media, Kornel Kisgergel, but did not specify exactly what costs were frozen.
Kisgergel denied that the Hungarian government would weaken a fiscal policy related to the upcoming parliamentary election of 2026.
The Hungarian government laid economic growth in 2025 by 2.5%, and in the country’s first quarter of GDP, on the contrary, it was reduced.
It should be noted that the Hungarian government, starting in 2022, is trying to move responsibility for its economic problems in Ukraine. For example, Hungarian Foreign Minister Peter Siyarteo had previously said that Ukraine had put the EU in a difficult position by stopping Russian gas travel.
The highest inflation in the EU: Hungary limited prices for part of the goods
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.