Reported about 1 month ago
Hungarian Prime Minister Viktor Orban is preparing to abandon his budget consolidation plans to boost spending ahead of what is expected to be a challenging election in 2026. This decision follows a history of increased expenditures, which in the past led to significant economic issues, including inflation and recession. Orban's government aims to execute a spending strategy over the next 18 months, despite Hungary's current stretched budget and concerns from both the public and financial institutions regarding fiscal sustainability.
Source: YAHOO