Story perspectives

PM Magyar Cuts Salary, Saves 50 bn HUF, Expands Integrity Authority

5/24/2026

Summary

Story summary

Prime Minister Péter Magyar announced his monthly salary will drop to HUF 3.8 million.
Parliamentary expense caps will fall below HUF 5 million, saving about HUF 50 billion.
The government will cut costs by HUF 50 billion and lower the president’s and board salaries.
It will expand the Integrity Authority’s powers and restrict diplomatic passports and blue-light vehicles to the prime minister.
Magyar aims to finish a review of contracts—HUF 260 billion to Élvonal Foundation and HUF 1.3 trillion 4iG framework—by Aug. 20 2026.

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Story summary

Prime Minister Péter Magyar announced his monthly salary will drop to HUF 3.8 million.
Parliamentary expense caps will fall below HUF 5 million, saving about HUF 50 billion.
The government will cut costs by HUF 50 billion and lower the president’s and board salaries.
It will expand the Integrity Authority’s powers and restrict diplomatic passports and blue-light vehicles to the prime minister.
Magyar aims to finish a review of contracts—HUF 260 billion to Élvonal Foundation and HUF 1.3 trillion 4iG framework—by Aug. 20 2026.