Deputy State Secretariat of Foreign Economic Affairs

The Deputy State Secretariat of Foreign Economic Affairs is headed by Deputy State Secretary Dr. Ábel Garamhegyi.

  Department of Investments

The Department is responsible for major investment projects of great national economic significance and supervises the preparations and execution of governmental tasks associated with the investments of multinational companies in Hungary. The Investment Department maintains a daily contact with foreign investors and multinational companies established in Hungary, as well as with the Hungarian interest organisations of investors, to ensure a timely response by the Government to any problems and challenges presented by the global market.

In addition, the Department also and draws up and updates the strategy and regulation of the offset activity, supervises the work of the Offset Coordination Office and coordinates the activity of the Offset Committee.

Furthermore, the Department supervises the activity of the Hungarian Investment and Trade Development Agency (ITDH) as its owner and as a professionally competent body.

Economic Development Programmes Department

The Economic Development Programmes Department is responsible for the analysis and evaluation of the implementation of the support policy promoting economic competitiveness and investment. The Department assists in the development of the investment incentive priority of the NDP ECOP, as well as in the implementation of the programme, and it operates the National Contact Point set up under the OECD's Committee on International Investment and Multinational Enterprises (CIME).

Furthermore, it is responsible for developing and operating the support efficiency measuring and monitoring systems, and for consultations with professional and interest organisations. The Department also develops and monitors the nationally funded tender schemes for investment promotion.

The Economic Development Programmes Department is also responsible for contracting as regards the financing of the Hungarian Investment and Trade Development Agency (ITDH) and the assisting organisations.

Economics Department

The Economics Department monitors and forecasts major trends in the global economy and in Hungarian macroeconomics and finances, with particular regard to growth, internal and external equilibrium and the dynamics of major macroeconomic factors affecting competitiveness, and it prepares regular and ad-hoc analyses. In its quarterly issued public periodical and special information back-up materials, the Department analyses macroeconomic and financial processes, follows up the trends in FDI, and evaluates and forecasts international capital flow processes.

For further information on the activity of the Department, click on the menu item 'Economic Policy'.

Contents:

- Investment promotion
- Economic development
- Large investment projects
- ITDH
- Offset
- Studies, presentations
- Links