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Instead of aid, the Hungarian government would continue to link its work subsidies and investments, which could reduce the negative economic effects of the coronavirus epidemic.
On Sunday morning, the Minister of Foreign Affairs and Trade, Péter Szijjártó, spoke on Kossuth Radio that a total of 62,000 jobs could be protected by the program launched by the Ministry of Foreign Affairs and the National Investment Agency. They support the investments of companies committed to job retention. The Minister announced that the government was discussing a doubling of the originally planned budget of HUF 50 billion.
The program would provide 50 percent support to companies, which would require about $ 80 billion in government participation, but the number of companies applying for the program is expected to increase. “
. said the minister.
He believed that the fact that so many companies applied for the program shows that cooperation between the Hungarian economy and the government is successful.
As he said, the government has been following the principle since 2010 that people should be helped not with help but with work.
Jobs are created with investment, which is why the current program was launched. The head of the ministry believed that after the epidemic, everything would change in the world economy. A whole new race will be launched, with new players, and the success of the farms will depend on the starting position they may have taken.
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