📋 Tender Overview
Veronika Varga-Bajusz also mentioned that in order to achieve these goals, the government has created an interest-free workers loan. The workers loan provides a freely usable resource of up to 4 million forints for young workers between the ages of 17 and 25 with a ten-year term.
Young people who work at least twenty hours a week or build a career as an entrepreneur and live and work in Hungary for five years following the disbursement can apply for it, she detailed. According to the State Secretarys report, the opportunity can be freely used for anything that a young person considers most currently necessary and important in their life. The interest-free nature of the workers loan and the ten-year term are a good opportunity for young people to build their future under stable, predictable conditions, realize their plans, start a family, and have children - she highlighted. Our image is illustrative.
That is why the government decided to suspend the repayment of the workers loan for two years after the birth of the first child, and half of the debt after the second child, while the entire outstanding debt will be forgiven when the third child arrives, she said. The workers loan developed by the government will help approximately 300 thousand young people in the coming period, and in the long term it will contribute to young people creating a safe and happy life for themselves in Hungary, because the success of young people is the success of the nation, Veronika Varga-Bajusz concluded her post.
