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GOVT SPENDS 2,000 BILLION FORINTS ON MODERN CITIES SCHEME

 

The government’s Modern Cities programme, aimed at financing development projects in Hungary’s large cities outside Budapest, had used a total 2,000 billion forints (EUR 5.6bn) by the end of last year, the government commissioner in charge of the programme told MTI on Tuesday.
Alpár Gyopáros said the whole programme was aimed to facilitate developments worth a total 4,000 billion forints. Gyopáros added that the programme would continue uninterrupted in 2021, with projects to promote the economy and create jobs, as well as projects in the areas of culture, health, urban development, sports and recreation, and infrastructure in Hungary’s 23 cities with county rights.
Modern Cities was launched in 2017.