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Economic development
2008.06.25. wednesday 14:32

In order to achieve rapid economic growth it is necessary for Hungary to reach a 5% GDP growth per year (which is 2% higher than the EU average).To this end such measures should be introduced that on the one hand generate noticeable changes in the life of economic actors but on the other hand do not threaten the social and financial stability of the country.

Labour should be the main driving force of economic growth, therefore areas of job creation, labour incentives and qualifications should be aligned and in the centre of the economic development strategy. The key to a growing and expanding economy is an economic policy that continuously eases the burden on an increasing number of economic actors.

The competitiveness of the Hungarian economy is based on the competitiveness of the enterprises. The promotion of national and foreign investments, the reform of the existing tax system and the reduction of the bureaucratic burdens are all constitute the basis of the creation of an enterprise friendly environment. One of the complex tasks of the economic development is the development and incitement of enterprises for which there has never been so many resources available for Hungary as offered by EU funding.

Research and development, employment of innovative solutions should also function as accentuated areas of economic development. Added value provided by R&D significantly increases the competitiveness, attracts investors.

In order to increase economic growth a consensus-based economic development programme, supported by all economic actors, is to be developed.

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