US EditionHungary's Orban pledges housing subsidies for public servants in pre-election push
- Hungarian Prime Minister Viktor Orban announced a housing subsidy of 1 million forints for public servants as a pre-election move.
- The government plans to finalize decisions on the housing subsidy scheme next month, as stated by Orban.
- Orban's government aims to alleviate economic struggles, with family benefits projected to reach 4.8 trillion forints next year, equivalent to 5% of Hungary's economic output.
- Hungary's economic growth was reported at 0.1% in the second quarter, and the government cut its 2025 growth forecast to 1% from 2.5%.
12 Articles
12 Articles
Hungary's Orban pledges housing subsidies for public servants in pre-election push
Hungary plans to give public servants, including police and teachers, an annual 1 million forint (nearly $3,000) housing subsidy, Prime Minister Viktor Orban announced as he gears up for a closely-fought 2026 election.
The government will launch a new housing subsidy program for civil servants from January 1, 2026, which will provide a net subsidy of 1 million forints per year for repaying housing loans or paying the down payment on new loans. The details of the program will be finalized at next week's government meeting, but several possible uses are already being outlined - calculates the <a href="https://www.portfolio.hu/bank/20250801/megint-bejelentett-egy…
The total value of such subsidies is 5 per cent of the country ' s GDP and the growth rate of the economy is 0.1 per cent compared to the previous year.
Grants will be awarded to teachers, police officers, soldiers and civilian military employees, nurses and other public sector employees.
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