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Under the right-wing government of Viktor Orbán, who opposes immigration and advocates the traditional family model, Hungary’s family support system has become one of the most generous programs in the world. The British newspaper Financial Times revealed the failure of this government measure to TASR reporters in Budapest on Thursday, according to the hrportal.hu server.
The daily reported in detail on the support for large families and drew attention to the fact that total Hungarian spending on family subsidies exceeds 5% of GDP and is more than twice Hungary’s defense spending.
Another reason subsidies have attracted worldwide attention is that birth rates will pose huge economic challenges to governments in wealthy countries in the coming decades, the article said.
However, data is increasingly showing that fertility support measures have their limits. In the first half of this year, Hungary’s fertility rate was 1.36 children per woman of childbearing age, the lowest in nearly a decade, according to the Hungarian Statistics Office KSH.
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In June, the number of children born in the country of 10 million fell to a monthly low of nearly 6,000, half the number of children born in Hungary a generation ago, according to KSH data.
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