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Hungary's road repair spending exceeds annual budget by May
๐Ÿ‡ญ๐Ÿ‡บ Hungary /Economy & Trade

Hungary's road repair spending exceeds annual budget by May

From Magyar Nemzet · () Hungarian

Translated from Hungarian, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • Road maintenance spending in Hungary has exceeded the annual budget by 49 million forints in the first five months of the year.
  • The total expenditure reached 405 million forints, surpassing the planned 356 million forint budget.
  • Budapest Kรถzรบt will reallocate funds from other sources to cover remaining road repair needs for the year.

Road maintenance costs in Hungary have already surpassed the allocated annual budget just five months into the year. Expenditures for repairing road surface defects reached 405 million forints (gross) by the end of May, exceeding the planned yearly budget of 356 million forints (gross) by a significant margin.

To ensure necessary repairs continue throughout the remainder of the year, Budapest Kรถzรบt, the entity responsible for road management, will reallocate funds from other sources. This measure is crucial to address ongoing maintenance needs despite the budget overrun.

In addition to pothole filling and smaller surface repairs, Budapest Kรถzรบt has been undertaking large-scale asphalt paving projects since March. These extensive works cover significant areas of the road network under their management, employing mechanized technology for efficient application of new asphalt layers, sometimes in multiple layers and with localized structural repairs where required.

Recent large-scale asphalting projects have been completed on streets including Lล‘rinci รบt in the 18th district, Thรถkรถly รบt in the 14th district, Temesvรกri utca in the 4th district, Bogรกncsvirรกg utca in the 10th district, Zรถldmรกli lejtล‘ in the 2nd district, Szabadsรกg utca in the 17th district, and Szรฉher รบt in the 2nd district of Budapest.

DistantNews Editorial

Originally published by Magyar Nemzet in Hungarian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.