The 2027 budget has been submitted: family allowance to double
Published
Shortly before midnight on Friday, the government submitted to the National Assembly the draft of Hungary's 2027 central budget. This is the first budget prepared by the Tisza government. The document contains significant changes that may affect many Hungarian families and workers.
According to the draft, the family allowance will double. The family allowance is a regular financial support provided by the state to families raising children. If parliament adopts the proposal, families may receive more money for their children starting next year.
The budget also addresses wage increases. According to the draft, salaries would rise in certain sectors. The government is also proposing a new wealth tax. This tax would affect individuals with large assets. The details of the draft are not yet final, so the exact conditions may become clear later.
The submitted proposal must now be debated and voted on by the National Assembly. During the debate, members of parliament may also propose amendments, so the final text may differ from the current one. The budget will affect state spending, revenues, and the everyday lives of Hungarian households.
Readers should follow the parliamentary debate in the coming weeks and months. Learning the detailed figures and the expected changes can help everyone understand exactly what the budget means for their own lives.
Sources: Kontroll
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