The credit rating agency expects a three per cent economic growth in Hungary next year, supported by strong exports, a high investment rate, and rising real wages.

The minister reminded all that the independent Hungarian Ministry of Finance was the first lasting success of the revolution. In April 1848, Lajos Kossuth began working on the establishment of the ministry, and it started its operations in May of that year.

The new Task Force set up by the Finance Ministry has been portrayed as a sign of austerity measures to come by the opposition media, however, the Ministry has debunked these speculations in a press release. In their statement, the Ministry assures the people of Hungary that family support schemes and the utility price cap will remain in place.