The cabinet held a three-day away session in Sopron, in western Hungary, and adopted measures concerning the new “tax on extra profits” levied on large companies as well as the 2023 national draft budget.
According to MTI, the cabinet reviewed urgent tasks in connection with the protracted war in Ukraine and the threat of a global economic crisis. “The goal is to protect families, pensioners, jobs, and the cap on household utility bills, while we will make large companies that have been accumulating huge profits recently contribute a large part of these to finance the cap of utility bills and protection funds,” the prime minister’s press chief said. The government is committed to meeting this year’s 4.9 percent deficit target and the 3.5 percent target for 2023, he added.
Photo credit: MTI