Prime Minister Viktor Orbán declared that his government is working intensively on introducing a 14th month of pension, aimed at supporting retirees, in the context of a weak economy. This measure would add costs of approximately 1.6 billion dollars, at a time when Hungary is facing a significant budget deficit.
Orbán criticized the opposition, accusing it of harmful economic policies, and promised tax cuts and salary increases before the 2026 elections. Analysts warn that these populist measures could undermine plans to reduce the deficit and could lead to a downgrade of the country's credit rating. Additionally, Hungary already has a high level of public debt, and increasing budget expenditures could worsen the economic situation.
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