Hungary's finance minister submits 2025 "peace budget" amid recession concerns


  • World
  • Tuesday, 12 Nov 2024

BUDAPEST, Nov. 11 (Xinhua) -- Hungarian Finance Minister Mihaly Varga submitted the government's 2025 budget proposal to Parliament on Monday, branding it "the peacetime budget." The draft aims to counter recessionary pressures and support growth.

"We will restore the Hungarian economy to the high growth trajectory seen in the past decade," Varga said in a video statement shared on Facebook. He said there is a "good chance" for the world to move toward peace based on the results of the United States elections.

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