Hungarian Prime Minister Announces National Consultation to Shape New Economic Policy

BUDAPEST: Prime Minister Viktor Orbán announced on Friday that Hungary will launch a National Consultation aimed at surveying citizens on economic issues, a move intended to lay the groundwork for a new economic policy. In an interview with public radio, Orbán emphasized the importance of developing an independent economic strategy tailored to Hungary’s unique circumstances.

According to About Hungary, Orbán predicted significant improvements in Hungary’s macroeconomic indicators by the first quarter of 2025. He outlined a 21-point action plan designed to invigorate the national economy, suggesting that Hungary’s ability to adapt swiftly to global changes would give it a competitive edge over other European nations. Orbán criticized Europe for its inability or unwillingness to adjust to the evolving global landscape, arguing that Hungary’s policy of economic neutrality could be advantageous if validated through the National Consultation.

Orbán acknowledged the challenges associated with implementing a new e
conomic policy, noting that it would entail risks and require considerable effort. He stressed the necessity of public support for the initiative, which seeks to cater specifically to Hungary’s needs. The Prime Minister emphasized the role of the National Consultation in securing this support and in guiding the country’s economic direction.