Hungarian Government officials and executives of key foreign investors reviewed economic policy and its bearing on foreign investment at a meeting of the Investors’ Council in Parliament last Tuesday
Published:
10 April 2004 y., Saturday
Hungarian Government officials and executives of key foreign investors reviewed economic policy and its bearing on foreign investment at a meeting of the Investors’ Council in Parliament last Tuesday.
The council was set up at the initiative of the American Chamber of Commerce in 1998, with a view to maintaining dialogue between the government and international investors. In a speech to those gathered, Prime Minister Pйter Medgyessy noted that the strong presence of foreign investors is the most important condition for the rapid continuance of economic transformation. He promised a simplification of taxation procedures and reduction of the budget deficit. He expressed agreement with the idea of reducing local business tax, but said this must not endanger local government finances. (
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