Hungarian MPs Vote Unanimously to Cut Own Salaries by 40%
Hungarian members of parliament unanimously voted to reduce their own salaries by 40%. This decision was made in a show of modesty and fiscal responsibility.
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Hungary MPs back plan to cut their own salaries by 40 per cent
Hungarian lawmakers unanimously voted to slash their incomes and allowances on Monday, as Prime Minister Péter Magyar seeks to reduce administrative costs. Critics had previously accused Magyar’s predecessor, nationalist premier Viktor Orban, of providing high salaries in an attempt to placate opposition deputies. Magyar, whose party filled with political newcomers won the April 12 elections by a landslide, was among those highly critical of the practice. All 189 representatives present in th...
By Agence France-Presse
Read full article →Charity begins at home: Hungary lawmakers vote unanimously to cut own salaries by 40%
Hungary's parliament has unanimously slashed lawmakers' salaries by 40%, a move championed by Prime Minister Peter Magyar to curb spending and mend public finances. This significant pay cut, effective next month, also impacts other high-ranking officials and allowances, fulfilling a key reform promise. The government aims to stabilize its economy and secure EU funds.
By Yashasvi Vasistha
Read full article →Coverage Timeline
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