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Magyar Says He Plans to Cut Hungary's Budget Deficit from 8.3% to 4.9% in 2027

NAMPA / Sputnik
2026-10-19
MOSCOW, October 19 (RIA Novosti) - Hungary's budget deficit is planned to be reduced from 8.3% to 4.9% in 2027, Hungarian Prime Minister Peter Magyar said on Monday​​​. "The budget deficit will be reduced from the current 8.3% to 4.9%," Magyar said while presenting the new 2027 budget draft in parliament. The income tax on the minimum wage will be reduced to 9%, the tax on incomes below 1,800 euros (about $2,017) will decrease, while the tax on l......
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OKANGHUDI, 11 February 2025 - Former President Hifikepunye Pohamba (right) and his wife, the former First Lady Penehupifo Pohamba (left) pictured at their home at Okanghudi in the Ohangwena Region. (Photo: Hesron Kapanga) NAMPA

OKANGHUDI, 11 February 2025 - Former President Hifikepunye Pohamba (right) and his wife, the former First Lady Penehupifo Pohamba (left) pictured at their home at Okanghudi in the Ohangwena Region. (Photo: Hesron Kapanga) NAMPA

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