Charity begins at home: Hungary lawmakers vote unanimously to cut own salaries by 40% | Collector

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Charity begins at home: Hungary lawmakers vote unanimously to cut own salaries by 40%

The Times Of India

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.

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