Hungary Unveils Major Family and Public Sector Support Package

Budapest, Hungary – Prime Minister Viktor Orbán has announced significant new economic measures aimed at supporting families and public sector workers across Hungary. Speaking in a recent address, Orbán detailed plans for a 50% increase in child tax benefits, set to take effect from July 1st, with the impact reflected in August salaries. In a move to further ease financial burdens on families, the Prime Minister stated that both the Childcare Fee (GYED) and Maternity Allowance (CSED) will become tax-exempt starting August 1st. This change is expected to provide substantial relief for parents. Additionally, Orbán outlined a plan to increase the salaries of municipal workers in smaller settlements, specifically those with fewer than 10,000 residents. These employees will see a 15% pay rise in October, followed by another 15% increase in January. The Prime Minister emphasized the ambitious nature of these goals, stating, "These are huge goals. We have set these. Now, there might be a war, and many things are threatening us, but I want to stick to these goals with all my might, and I will, so that we achieve them. And these will be achieved." The announcements underscore the government's focus on domestic economic stability and social welfare.