Social Safety Net Strengthening in Hungary

National

The social safety net has been strengthening in Hungary and the number of Hungarians living in deep poverty has been continually falling since 2012, the daily Magyar Nemzet said.

 

Quoting Centre for Fundamental Rights researcher Károly Bozsonyi and Eurostat data, the paper said the number of Hungarians living in deep poverty has been steadily falling under the Fidesz-Christian Democrat government. When the economy was hamstrung by coronavirus last year, society was much better able to handle it than in 2008 during the global economic crisis, when Hungary had a Socialist-liberal government, he added. While some 75% of Hungarians could not afford to pay for an unexpected expense in 2010, this ratio dropped to 36% by 2019, Bozsonyi said. The Centre for Fundamental Rights assessed the development of the situation of society’s two most vulnerable groups, pensioners and children under the age of 14 between 2006 and 2019. Bozsonyi said the number of people living in poverty dropped much more between 2017 and 2019 than between 2006 and 2008.

 

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