Politics & News
Hungary Seeks to Raise Fertility Rate
Hungary announced further measures to boost child births.
The new measures was put in place to encourage women to have more children.
Mothers with four children will be exempt from income tax, and the government will also spend 700 billion forint ($2.49 billion) on healthcare investments.
The country’s prime minister Viktor Orban said he is seeking to maintain an annual economic expansion that’s at least 2 percentage points faster than the European Union average.
The benefits include a lifetime personal income tax exemption for women who give birth and raise at least four children.
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