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Opposition pledges central bank reform
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Politicians of the joint opposition on Thursday pledged to renew fiscal and monetary policy and to reform the National Bank of Hungary (NBH), should the opposition win the general election on April 3.
Ágota Jánosi-Lesik, a candidate of the Democratic Coalition (DK), said the NBH “has become one of the most shamelessly profiteering institutions over the past 12 years.” She added that the NBH had failed to pay “profits from a weakening forint” into the budget in 2014. Instead, it ploughed 270 billion forints (EUR 750.5m) into foundations immediately before the ruling Fidesz party initiated legislation that made the foundations’ spending confidential information, “as they were no longer considered public funds”, she said.
“The NBH has become an uncontrolled state within a state, spending billions of public funding on luxury and disbursing public monies to friends and relatives as it sees fit,”
Jánosi-Lesik said.
Should the opposition win the upcoming election, the NBH will return to operating as a “strictly regulated institute of a democratic country, working in the interests of the Hungarian people,” she said.
More empty promises…any lie to get elected. Not going to happen.