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GOVT KEEPING STRATEGIC SECTORS IN HUNGARIAN OWNERSHIP

 

The government is keeping strategic sectors under Hungarian ownership such as the banking sector, the energy sector and the media industry in Hungarian hands, the prime minister said in his keynote speech, adding that telecommuncations “will be made Hungarian again”. The government is also keeping its promise to rural Hungary by launching unprecedented development projects. “We will allocate an amount of funding not seen by rural Hungary even during the Austro-Hungarian Empire,” he added. The government will develop a manufacturing agriculture sector and revive the food industry “which was ruined by privatisations”. “The food industry will have national champions that will be able to hold their own on the global market as well,” he said, adding that Hungary will build power plants and pipeline networks, “even if Brussels refuses to play a role in this”. The government, he said, will introduce more family support measures each year, such as the personal income tax exemption for mothers below the age of 30.