Hungary’s use of the Russian and Chinese Covid-19 vaccines saved the country’s economy “vast amounts of money”, a foreign ministry official said on Tuesday.
Tamás Menczer, the state secretary for communications and international representation, said in a Facebook video that the Hungarian economy had lost 10-15 billions of forints (EUR 28-42m) per day during the lockdown.
Without access to the Sputnik V and Sinopharm jabs it would have taken the country a month and a half longer to reach 4 million vaccinations, Menczer said. That amount of time lost would have cost the economy more than 550 billion forints, he said. However, most of this money has been saved thanks to the Eastern vaccines, he added.
“In other words, not only did the decision to purchase the Russian and Chinese vaccines save lives and help reopen the country, it also benefitted the economy,” Menczer said. “The more of us get the vaccine, the sooner we’ll be getting our old lives back.”
Featured photo by Zoltán Balogh/MTI