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PMO Head: Gov’t to Adopt New Economic Protection Plan

MTI-Hungary Today 2019.11.21.

Whereas Hungary’s economy is expected to grow by five percent this year, it is strongly linked to economies of other European Union member states, many of which are experiencing a slowdown, the head of the Prime Minister’s Office said on Thursday. So the government is planning a second economic protection action plan to be implemented early next year, he said.

Hungary’s economic growth could be around 5 percent this year, the head of the Prime Minister’s Office forecasted.

Gergely Gulyás said that Hungary’s growth figure could “even be the best” in the European Union, but added that all figures were not yet available.

Gulyás also announced that the government was preparing to launch a second economic action plan early next year to protect the economy from negative trends in other countries of the EU.

The plan aims to minimise the impact of negative external economic developments on Hungary, he said at a regular press briefing, without going into the details of specific measures.

In the featured photo: István Hollik, the spokesman of the Orbán government, and PMO Head Gergely Gulyás (on the right). Photo by Tibor Illyés/MTI