Statement: „A public account of the spending of money is the best protection against the (mis)use of Hungarian credit (2)“
Citation: “A TREND FROM WHICH NO AUTHORITY SHOULD ESCAPE The less cash, the less gray economy and the richer the country”
Statement: „Either it will be known how the Hungarian money is spent, or the citizens will return a billion euros to Hungary“
Statement: „The pensioner’s linear 5,000 denars help, but also new pressure on the Budget“
Statement: “Will the e-invoice succeed in whitening the gray economy in Macedonia?”
Statement: „PIOM WILL STEP INTO THE ABYSS IF NOT FOR THE STATE BUDGET: The deficit in the pension system will increase from the current one-third to nearly 40%“
Statement: „Profit tax is not key to attracting foreign firms“
Summary of the Government’s Promises Fulfillment 2020-2024
📣 Now, we are summarizing the fulfillment of the Government’s promises for the period 2020-2024, in the socio-economic domain, based on our four-year monitoring “Economic Compass”. 🌟
The result is almost #FiftyFifty ‼️
51% of the given promises are unfulfilled ❌❌
📍 The economy did not achieve sustainable, accelerated, and inclusive economic growth of 4% by 2024 📉
📍 Investments in the development of road infrastructure, modernization, and safety remained far below the promised 2 billion euros 🚧🚫
📍 The unemployment rate did not drop to single digits, despite the promise, and the indicators for youth and women’s employment and activity either fell or stagnated, contrary to the promised increases 📊🔻
📍 The VAT registration threshold was not raised to 3 million denars, despite the promise 💼❌
49% of the given promises are fulfilled ✅✅
📍 The amount of foreign investments significantly exceeded the promise of 1 billion euros for the four-year period 💼💰
📍 The minimum wage increased much more than the promised 20-40% 💵📈
📍 The average wage increased much more than the promised 20-30% 💰📈
We continue with an expanded version of the “Economic Compass,” tracking a broader set of economic, social, and development indicators, with a stronger focus on youth and women. 👩🎓👨🎓👩💼👨💼
The action is supported by Civica Mobilitas. 🤝
Citation: „21.1 PERCENT OF THE EMPLOYEES WORK IN THE GRAY ECONOMY, AND OF THE UNREPORTED 150 MILLION EUROS OF HOUSEHOLD INCOME, MORE THAN 70 PERCENT IS FROM RENT, SAYS THE FINANCE THINK RESEARCH“
Press clipping from FT Opinion 62
