Here are the details of the 2027 budget: more money for education, healthcare, and defense, less for public media.
The Hungarian government submitted the 2027 budget proposal, projecting expenditures of 47,587 billion HUF and revenues of 42,484 billion HUF. The budget anticipates a deficit of 5,102 billion HUF, down from 7,110 billion HUF this year. Key allocations include increased funding for healthcare, education, and defense, with significant raises for healthcare workers and teachers. Local governments will benefit from reduced financial obligations, while public media funding will decrease significantly. The proposal also outlines support for sports and political parties, with varying changes in funding levels. Overall, the budget aims for a GDP growth of 2.4% and a reduction in the deficit-to-GDP ratio to 4.9%.