ADVERTISEMENT

Self-employed apply for HUF 17.6 bln of stimulus payments

Figures

Shutterstock.com

More than 80,000 self-employed Hungarians have applied for HUF 17.6 billion of one-off stimulus payments the government is providing in professions hit hardest by pandemic restrictions, state secretary for employment policy Sándor Bodó said on Saturday, according to a report by state news wire MTI.

Payouts of over HUF 15 bln have already been made to more than 71,000 applicants, Bodó said.

The HUF 219,000 payments, equivalent to one month's minimum wage, aim to support the recovery for self-employed Hungarians working as hairdressers, cosmeticians, tour guides, and driving instructors, among other professions.

Self-employed Hungarians were not eligible for pandemic wage support earlier available to companies with people on payroll.

Hairdressers and cosmeticians account for the highest number of applications, submitting around 30,000 of the forms.

The government has estimated that 100,000-120,000 self-employed Hungarians are eligible for the stimulus.

ADVERTISEMENT

Average age of coronavirus patients declining Analysis

Average age of coronavirus patients declining

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

Budapest airport shuttle bus service expanded City

Budapest airport shuttle bus service expanded

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.