Hungary's Finance Ministry Details 14th‑Month Pension and Budget Deficit Plans

The Hungarian Finance Ministry presented its 2026 budget assessment, noting a technical deficit forecast of 7.2%, higher than the 3.7% target initially set by the previous government. The report lists several measures slated for 2027, including a partial rollout of the 14th‑month pension, continuation of the mothers' personal income‑tax exemption, and the Home Start housing programme. No final legislative decisions have been made; the government plans to amend the 2026 budget by the end of August.

In parallel, the cabinet decided to replenish the district‑heating fund with 25.9 billion forints to offset deficits caused by recent price‑cut measures, ensuring continued financing of residential heating tariffs. The same statements referenced broader fiscal priorities such as defense spending targets and other social‑policy initiatives, but emphasized that further budget adjustments are pending.