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Coronavirus – Minister to Business Leaders: No Change in Hungary’s External Vulnerability

MTI-Hungary Today 2020.04.06.

Innovation and Technology Minister László Palkovics held a video conference with business leaders on Monday to discuss preparations to restart the economy, the ministry said in a statement.

Palkovics said Hungary’s external vulnerability would not increase and the main thresholds of the 2020 budget would remain in place. Fiscal resources are being reallocated to protect businesses and jobs, however, he added.

Palkovics welcomed feedback from professional organisations and business associations in the past weeks, noting that many of their recommendations have been incorporated into the government’s action plan.

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Besides government leaders and central bank officials, the meeting was attended by representatives of the Hungarian Chamber of Commerce and Industry (MKIK), the National Association of Employers and Industrialists (MGYOSZ), the National Agriculture Chamber (NAK), the National Association of Tourism and Catering Employers (VIMOSZ), the National Association of Businesses and Employers (VOSZ), the American Chamber of Commerce (AmCham) and the German-Hungarian Chamber of Industry and Commerce (DUIHK).

Featured photo by Tibor Illyés/MTI