Orbán: Hungary poised for most successful decade in century

“We will transition to an upward trajectory incredibly quickly,” Orbán said about the Hungarian economy. The global economy, too, could embark on a previously unforeseen level of growth, which Hungary will have to outpace, he added. Orbán said the Hungarian economy was on the verge of a paradigm shift “that right now only a few understand”.

Hungary is poised to become a digitalised circular economy that will be capable of processing its own waste, he said. The country will reduce its carbon emissions “to radically low levels”, it will have full employment and “a growth rate noticeably higher than the western half of the European Union”, he added.

The people will prosper as well; they will live in larger homes and have more children, Orbán said.

He said that by the end of the decade, the repatriated profits of Hungarian businesses investing abroad would have to equal the profits foreign businesses take out of the country.

Orbán said that unlike the political left, he did not believe in raising taxes during an economic crisis period.

Governments and local councils should cut taxes in a time of crisis and banks, too, should get involved by extending the moratorium on loan repayments, Orbán said.

He said not all local councils understood the importance of cutting taxes, but added that businesses would only be capable of hiring more people if their public burdens are reduced. Businesses should be put in a position in which they can hire as many people as possible, the prime minister said.

Orbán said his government had been successful in saving jobs during the first and also the second wave of the pandemic, noting that there were only 60,000 fewer employed than a year ago prior to the outbreak of the pandemic. Hungary trails only the Czech Republic and Germany when it comes to unemployment, he added.

The prime minister said it was also important that Hungary had been able to carry on with its family support and home creation programmes and the reintroduction of the 13th month pension.

Technical conditions in place for mass vaccinations

All the necessary technical conditions are in place to begin swift mass vaccinations against Covid-19 in Hungary once vaccines are delivered in larger quantities, Orbán said, adding that Hungary currently has enough vaccines to inoculate 35,000 people.

In the event that the country would suddenly have access to millions of vaccines, the shots would be administered at over 10,000 locations, the prime minister said, adding that the vaccinations would take place at the regular electoral polling stations.

Orbán added, however, that Hungary is not expected to receive millions of vaccines in the foreseeable future, as not even the vaccine producers are in the position to project when they will be able to ship more doses or how many.

“The vaccines coming from the west are being handled by the European Union,” he said, noting that member states have agreed to place their orders together and the doses are to be distributed among them by Brussels. “I’m not satisfied with the pace, because there are manufacturers whose products were available sooner in Canada, Britain and Israel than for instance in the European Union,” the prime minister said, adding, at the same time, that Brussels was not to blame for “being at the mercy of pharmaceutical companies”.

Orbán said EU member states also had the option of ordering vaccines on their own in addition to the orders they place with the other member states. Hungary and Germany are two countries that are exercising this option, he noted. This, however, is not considered a violation of the agreement with the other member states, he said, noting that the deal does not bar countries from purchasing more vaccines through bilateral agreements.

The government is primarily focused on vaccines being developed in the East, Orbán said. Russia’s Sputnik V vaccine is unlikely to be available in the quantities Hungary would need, he said, adding that though China’s vaccine was looking more promising, it was not available yet, either. The prime minister said that ideally, people would get to choose whether they prefer to be inoculated with a vaccine developed in the West or in China.

Orbán also said he would not want to “speculate” as to how quickly Hungary would be receiving more vaccines. “If we have a lot of vaccines, we’ll vaccinate a lot of people quickly, but if they arrive at a slower pace, then the vaccinations will also be slower and fewer people will get the shot,” he said.

The prime minister dismissed as “falsehoods” claims by the opposition that the government did not have a vaccination plan. He argued that both he himself and the chief medical officer had made it clear multiple times that health-care workers would be vaccinated first, followed by social-sector employees, those vulnerable to the virus, the elderly and law-enforcement workers.

Orbán said the pandemic had also taught countries to build the industrial capacities necessary to make their own vaccine, even if those investments are lossmaking “in times of peace”. Hungary’s government, he said, had done everything necessary to build those capacities.

The prime minister also said the Pfizer-BioNTech Covid-19 vaccine was “actually a Hungarian vaccine”. He said he had recently “spoken at length” with Hungarian biochemist Katalin Kariko, a senior vice president at BioNTech, and had been told that though “a German professor is also involved in all of this, most of the scientists doing the research are Hungarian”.

“So it’s only a bit of a stretch to say that this is a Hungarian vaccine developed using American money and Hungarian minds,” Orbán said.

The prime minister also said that despite the criticisms from the leftist opposition, Hungary’s health-care sector had “fared a lot better” than those of many of the more prosperous countries. “People didn’t die here because of a lack of hospital care, we didn’t have people lying in the hallways and doctors didn’t have to decide who to save because of a shortage in ventilators,” he said.

Orbán praised the efforts of the country’s doctors, nurses and teachers, who he said were the reason why many jobs were saved, as parents were not forced to stay home with their children.

“They often say we’re a disunited people and at times there are specific examples that illustrate this, but overall in times of serious trouble, it turns out that discipline, unity and the ability to bear responsibility for each other is strong in Hungarians,” Orbán said. He noted that Hungary had not seen any protests against the coronavirus-related restrictions “even though they weren’t enjoyable for anyone”. The prime minister also noted the large-scale wage increases implemented in the health-care sector.

Hungary managed to rein in the second wave of the pandemic, Orbán said, adding that the goal now was to prevent a third one.

He said it was “hard to say” if the government could afford to relax restrictions before the arrival of the vaccine, arguing that if Hungary does not receive the vaccine on time, infections could flare up again.

“Everyone wants to open up again . but if we don’t get the timing right, we could end up seeing a third wave,” Orbán said.