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Next year, the government will spend about $3.5 trillion on families

Next year, the government will spend about $3.5 trillion on families

Next year, the government will spend 6.2 percent of the gross domestic product, about 3,500 billion HUF, on households, Katalin Novak said, to the Hungarian nation, assuring that this is a good investment that will pay off.

In an interview published on Saturday in the daily, Katalin Novak said that the government has prepared an election budget in accordance with the left, saying that since 2010 the amount spent on family allowances has been increased every year, confirming the government’s commitment to families. We have not just started this business, but the resources have been rising steadily and dynamically. Next year, the amount that will be spent on family support will be about 3,500 billion HUF, which in 2010 was a little more than a quarter, only 960 billion HUF. This means that in 2022 we will spend 6.2% of GDP on this, which is also great internationally. He said.

Katalin NovakSource: MTI / Zoltan Balogh

As he said, it’s not about allocating money, it’s about well-thought-out steps, as income taxes have been continually lowered since 2010. “I remember when we introduced the flat personal income tax, the rumor said it would destroy the budget, yet tax and consumption revenue grew. We’re still expecting that the money that the families will know will somehow show up in the economy. We’re not. Thinking about austerity now as well, we’re trying to increase people’s room to maneuver.

The government will spend 6.2 percent of GDP on this in 2022, which is also great internationally.Source: 123RF

Of course, the pandemic also means economic uncertainty, but today economic growth is at pre-pandemic levels and the employment data is also excellent. We also think of the current support as an investment that will pay off later.”
Regarding tenders for the development of the cradle worth 50 billion forints, he said that the construction of the cradle is progressing according to the initial schedule, which means that by the end of 2022, at least seventy thousand places will be completed or under construction. Closed tenders include about 66,000 places, as maintainers are already building new buildings or have already expanded the number of places.
According to the minister, it is important that all children of nursery age as parents require access to the place of nursery. This also requires the participation of the corporate sector. The number of nurseries in the workplace should be increased, but it is interesting that employers have not hesitated about this so far.
As for how the Council of Seniors will get to rebuild their 13-month pension, Katalin Novak said the reception was unanimously positive. They feel that they are now taking back something they previously took from them. When the left canceled the 13-month pension, it was a very painful point for them.

Every year since 2010, the government has increased the amount spent on family benefits.Source: Shutterstock

Of course, one can always argue about how much to give, but when an existing benefit is lost—the family tax credit, the third year of gyes, along with the home building allowances—was lost—the shock of this has an effect that lingers in society for a long time. . He explained that in addition to the financial aspect, compensation for pensioners is also a matter of compensation.
As he said, they are working to make space to rebuild their full pension for 13 months, but there is an epidemic situation. “Who would have thought two years ago that we would have to shut up for months and have entire economic sectors come to a halt? So we don’t want to make hasty promises. One of the Orban government’s greatest values ​​is its credibility. We have kept our promises before, which is why they are important now, so we will certainly be able to Comment on this at the end of the year.However, it is already certain that the two-week pension will reach pensioners in February,” said Katalin Novak.
The minister also spoke in the interview that it is no coincidence that there are no family politicians on the left because this topic is not important to them. There are social policy specialists on the left, but we don’t find any personalities that focus on family politics and do not view family politics as part of poverty politics but also deal with the middle class. The left has a formula: they will do the same as their friends in Western Europe, who, due to the small number of children being born, choose the solution to replace them with immigrants.

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