Budapest mayor signs agreement on state funding for city public transport
Budapest Mayor Gergely Karacsony on Monday signed an agreement on the state funding of the city's public transport system, a 12 billion forint (EUR 33m) support which he said covered 7 percent of the sector's total budget.
Karacsony told a press conference after meeting Innovation and Technology Minister Laszlo Palkovics on Monday that the funding ensured the stable operation of public transport in the city. If the money is transferred this year, the city transport company will close the year without debts, he said.
He said it was unclear to him why “political pressure by the municipality was necessary” to receive the funding, which is normally allocated around this time of the year as an item in the country’s central budget. He pledged the company would now remove public announcements on the lack of funding on transports.
He said that “stable operation of Budapest’s public transport has now been ensured and the country will have a new government next year with which cooperation will be much smoother”.
He said it was unclear to him why “political pressure by the municipality was necessary” to receive the funding, which is normally allocated around this time of the year as an item in the country’s central budget. He pledged the company would now remove public announcements on the lack of funding on transports.
He said that “stable operation of Budapest’s public transport has now been ensured and the country will have a new government next year with which cooperation will be much smoother”.
AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
