The government is still working on the amendment of the 2023 budget, Finance Minister Mihály Varga said on Friday.
The minister said on Facebook that the protracted war and Brussels’ sanctions policies had fundamentally changed economic trends. As a consequence, the economic and financial plans for 2023 have to be reviewed, he added. The government has started this work and the earlier approved 2023 budget based on projections of a different economic path will be amended by the end of December, he said.
The goal is to reduce the deficit and public debt despite the unfavourable international environment, and to protect the family support scheme, pensions and workplaces, he said.
“I agree with and support a proposal by Zoltan Vajda, head of parliament’s budget committee, to inform the parliament’s relevant committee about this. As soon the finance ministry finishes the amendments and the government approves them, I will be pleased to attend the budget committee meeting,” Varga said.