Hungary's government will refund $2 billion of income tax to families in early 2022 and also plans a big hike in the minimum wage, right-wing Prime Minister Viktor Orban told the opening session of parliament on Monday, setting the stage for next year's election.
Orban, who faces a parliamentary election that is shaping up as a competitive race for the first time in a decade, said the economy's sharp rebound from the coronavirus pandemic provided room in the budget for the measures.
He said the economy was set to grow more than 5.5% this year, and that there was already a shortage of labour. Poland's ruling party had introduced a scheme giving families 500 zlotys per month for each child and also exempted most people aged under 26 from the obligation to pay income tax.
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