Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Hungry

Govt accepts tourism development strategy in Hungary

byCT Report
17/10/2017
in Hungry
Share on FacebookShare on Twitter

 

BUDAPEST: Hungary’s government has accepted the National Tourism Development Strategy 2030, a guideline for “all players of the sector until 2030”, Zoltán Güller, CEO of the Hungarian Tourism Agency, told the Tourism Summit 2017 conference in Budapest on Monday. Addressing the event, Prime Minister Viktor Orbán said that the strategy will “secure for Hungary a worthy place in world tourism”. He added that the government had earmarked a total 828 billion forints (EUR 2.7bn) to finance the scheme. Tourism is not merely a source of revenue or a prosperous sector of Hungarian economy but a “form of patriotism, a mission”, he said. Orbán praised the sector’s “unstoppable development”. He said “2016 was a record year, with the data available suggesting that this year will be even better.” Hungary’s tourism sector will receive a direct injection of 21 billion forints (EUR 68m) from the central budget in 2017, while next year the sector will receive over 53 billion forints, the prime minister said, adding that investments in tourism could also total further hundreds of billions. As for the sector’s achievements, Orbán said that guest nights were up by 50 percent last year compared with 2010, and revenues increased by over 115 percent. He also noted that the sector employs more than 360,000 people and accounts for 10 percent of the country’s GDP. Through the new strategy, tourism’s GDP share is expected to increase to 16 percent, while the number of people working in tourism could reach 450,000. Orbán said that focal areas of the new strategy are sports, culture and health tourism.

You might also like

PM Orbán calls for EU budget to be put on ‘fair footing’

04/02/2020

ÁKK sells HUF 40 billion of bonds at switch auction

23/01/2020

Related Stories

PM Orbán calls for EU budget to be put on ‘fair footing’

byadmin
04/02/2020

Prime Minister Viktor Orbán called for the European Union budget to be put on a “fair footing”, adding that the...

ÁKK sells HUF 40 billion of bonds at switch auction

byadmin
23/01/2020

The Government Debt Management Agency (ÁKK) sold HUF 40 billion of bonds maturing in 2026 and 2031, accepting ones expiring...

Equilor forecasts 3.8% economic growth for 2020

byadmin
14/01/2020

GDP could grow by 3.8% in 2020 and economic growth could slow to 3.5% in 2021, analysts at Equilor Investment...

Hungarian competition watchdog slaps EUR 5.5m fine on Telenor Hungary

byadmin
23/12/2019

The Hungarian competition watchdog GVH imposed a 5.45-million-euro (6-million-U.S.-dollar) fine on mobile provider Telenor Hungary for misleading commercial practices, GVH...

Next Post

3 Denmark gains 17,000 customers in Q3, revenue rises thanks to smartphone campaign

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.