US EditionBudapest Assembly Approves 2026 Budget Amid Political Clash - Hungarian Conservative
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6 Articles
Budapest Assembly Approves 2026 Budget amid Political Clash - Hungarian Conservative
The Budapest City Assembly approved the capital’s 2026 budget on Wednesday, setting the main revenue and expenditure total at 532.5 billion forints. The proposal, submitted by Mayor Gergely Karácsony, passed with 22 votes in favour and nine against. The governing Fidesz–KDNP group did not support the budget, while two district mayors were absent from the vote. Under the adopted ordinance, Budapest’s revenues are set at 520.5 billion forints, whi…
The debate on the hottest topic of the December session of the Budapest General Assembly has unexpectedly become one-sided: the representatives are to vote on the 2026 budget proposal today. The stakes are not small: the representatives would have to adopt next year's budget without knowing at this moment whether the capital will be able to close the 2025 financial year, or - to put it simply - whether Budapest will go bankrupt and start 2026 in…
The budget includes a fictitious revenue of 100 billion, the Fidesz-KDNP parliamentary group leader in the capital drew attention to.
Unexpected harmony in Budapest.
Of course, Fidesz did not vote for it.
Budapest's budget for next year is being discussed today, and the proposal will be voted on in the Metropolitan Assembly this afternoon. Tisza has stated that it will support the draft, so it is expected to have the majority necessary for adoption.
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