There will be housing renovation support again – the finance minister also spoke about the advantages and risks.

On Monday, Péter Magyar presented the draft budget for 2027 in a lengthy speech in Parliament, followed by a press conference with Finance Minister András Kármán. During a background discussion, further details about the planned changes and the criteria for shaping next year's budget were shared. The budget correction for 2026 aims to reduce the inherited record deficit, potentially lowering it to 7.5% by year-end and further to 4.9% by December 2027. The target for 2030 is a deficit of 2.8% alongside a public debt of 74.9% of GDP by the end of the decade, as stated by Kármán.