Economic growth in the upcoming years will be the based on keeping the investment rate high, Finance Minister Mihály Varga said.
Hungary’s economy protection measures during the epidemic primarily focused on keeping the rate of national economy and state investments at a high level, Varga told the year opening forum of the Hungarian Chamber of Commerce and Industry. This has given considerable impetus to growth in the past year, he added. In European comparison, during the first three quarters of 2020 Hungary was at second place in terms of national economy investment and at first place in terms of state investment, Varga said. The second quarter of this year will be a turning point, with economic growth expected to reach double digits, he added.
hungarymatters.hu
