
Orbán pledges tax cuts and streamlined regulations

Hungarian Prime Minister Viktor Orbán has made promises to streamline taxes, reduce red tape, and cut taxes for entrepreneurs during an economic policy forum. Speaking at a conference organized by the Hungarian Chamber of Commerce and Industry (MKIK), Orbán stated that the government is willing to work with the chamber’s leadership to simplify taxes and reduce administrative burdens. He expressed his belief that the best way to reduce taxes is through streamlining processes and cutting unnecessary regulations.
Orbán emphasized that the government is committed to reaching a clear and feasible agreement with the chamber’s leadership by July 1. The proposed agreement would include tax cuts, streamlined tax processes, and reduced red tape for businesses. The prime minister reiterated his government’s dedication to being a proponent of tax cuts and creating a competitive tax environment for businesses in Hungary.
In addition to economic policies, Orbán also addressed Hungary’s stance on international conflicts, particularly the situation in Ukraine. He highlighted Hungary’s efforts to stay out of the war and expressed the country’s commitment to humanitarian aid rather than military involvement. Orbán emphasized the importance of protecting Hungary’s interests and urged the United States to support its position on the conflict.
Furthermore, Orbán called for significant changes within the European Union, advocating for a shift towards a more development-oriented approach. He noted the importance of distributing development funds to provinces in Hungary to reduce disparities between regions. Although Budapest remains a key economic hub, Orbán emphasized the need to support the development of other areas in the country to promote equal growth opportunities.
Overall, Orbán’s statements at the economic policy forum reflect his government’s commitment to facilitating a business-friendly environment, prioritizing Hungary’s national interests in international affairs, and advocating for economic development across the country.