Published: March 23 2023
Summary:
Matolcsy György, the president of the Hungarian National Bank, criticised Hungary's government economic policies. He argued that the country is deviating from its balanced growth path and has no clear measurable goals or vision for the future. György reiterated his belief that Hungary needs to foster its true strengths to develop a successful economic policy, which include the health sector, knowledge, education, talent, water management, healthcare, and food industry. He also stated that Hungary has missed a decade of progress and that it looks as if the Hungarian economic development path will close in the years 2021-22-23, but insists "we will not let this happen."
Key Points:
- Matolcsy György criticized the economic policies of the Hungarian government.
- Hungary has missed a decade of progress after 2000.
- György said that there are no clear measurable goals or vision for the future.
- He cited the country's strengths, including the health sector, knowledge, education, talent, water management, healthcare, and food industry.
- The national bank president intends to avoid closing Hungary's economic development path around 2021-2023.
Source article:
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