Ministry for National Economy (Hungary)
The Ministry for National Economy (Nemzetgazdasági Minisztérium) is a Hungarian Ministry of the Fifth Orbán Government since 1 January 2024, and the successor to the Ministry of Economic Development.[1] A Ministry under the same name had previously operated between 2010 and 2018 in Hungary as well. It is led by the Minister for National Economy, Márton Nagy.[2]
History
[edit]The Ministry for National Economy was established in 2010 by decree of the Hungarian Government, replacing the former Ministry of Finance.[3]
With the formation of the fourth Orbán government in May 2018, the Ministry of Finance took over the responsibilities of the Ministry for National Economy, which was thus abolished by decree.[4]
Effective from 1 January 2024, the Ministry of Economic Development continues its expanded activities under a new name, the Ministry for National Economy.[5] The Ministry of Economic Development was originally established on 1 January 2023.[6]
Duties and responsibilities
[edit]As of 1 January 2024,[7] the Ministry for National Economy is responsible for:
- economic development
- economic and legal framework for competitiveness
- national financial services
- regulation of the money, capital and insurance markets
- international financial relations
- regulation of the management of public assets
- supervision of public assets
- housing policy
- postal services
- domestic economy
- employment policy
- industrial affairs
- social dialogue
- enterprise development
- space industry development
- tourism
- hospitality
- domestic trade
- employment of third-country nationals in Hungary
As of 1 August 2024,[8] the Ministry for National Economy is also responsible for the following new areas:
- space technology
- consumer protection
- definition of strategic directions for defence industrial development
- promotion of foreign investment by domestic companies
- specification of third countries whose nationals are allowed domestic employment
Organisation
[edit]Minister for National Economy (2024–)
[edit]- Márton Nagy
State Secretaries (2024–)
[edit]- János Fónagy, Parliamentary State Secretary, Deputy Minister
- Anikó Túri, State Secretary for Public Administration
- Máté Lóga, State Secretary for Economic Development and National Financial Services
- Sándor Czomba, State Secretary for Employment Policy
- Gergely Fábián, State Secretary for Industrial Policy and Technology
References
[edit]- ^ "The Ministry of Economic Development Will Operate under a New Name". Hungary Today. 2 January 2024. Retrieved 15 January 2024.
- ^ "Economic development minister helms Economic Cabinet meeting". Budapest Times. 23 December 2023. Retrieved 15 January 2024.
- ^ "Restructuring paper on a proposed project restructuring of nutrient reduction project loan to the Republic of Hungary" (PDF). The World Bank (in Hungarian). 22 March 2011. p. 4. Retrieved 15 January 2024.
- ^ "Nyolc évet kellett várni - Régi-új minisztérium alakult". Portfolio (in Hungarian). 19 May 2018. Retrieved 15 January 2024.
- ^ "Újabb rendkívüli változás, Nagy Márton tárcája új nevet kap". Index (in Hungarian). 7 December 2023. Retrieved 15 January 2024.
- ^ "Minisztériumot kap Nagy Márton, átnevezik Lázár János tárcáját". Telex (in Hungarian). 21 November 2022. Retrieved 15 January 2024.
- ^ "Kihirdették: ilyen lesz Nagy Márton kibővített Nemzetgazdasági Minisztériuma". Portfolio.hu (in Hungarian). 22 December 2023. Retrieved 15 January 2024.
- ^ "Orbán Viktor módosította a miniszteri hatásköröket". 24.hu (in Hungarian). 3 July 2024. Retrieved 17 July 2024.
- ^ "List of State Secretaries". kormany.hu (in Hungarian). Retrieved 15 January 2024.
External links
[edit]- Official website (in Hungarian)