Hungary in “excellent position” in terms of food security
Nicolas Pongratz
Saturday, April 9, 2022, 10:55 AM
The important role of agriculture and the food industry in Hungary’s economic strategy for the coming years was underlined by the general manager of the agro-food business of MKB Bank and Takarékbank Dávid Hollósi during the Portfolio Agrarian 2022 conference yesterday in Kecskemét (90 km south-east of Budapest).
According to Hollósi, in the most turbulent macroeconomic environment in recent years, the most extensive rural development program to date is to be launched, so there will be a great need for closer cooperation and innovative adaptability. market players, regulators, financial institutions and guarantee institutions .
Regarding the effects of the Russian-Ukrainian war and the extraordinary situation of the economy and agricultural markets, Hollósi underlined that food security is of paramount importance in all circumstances and that Hungary occupies an excellent position in this field.
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