A 2026-os költségvetés-elemzésből
4.2 milliárd Ft to act as shareholder — without a shareholder's accountability.
The administrative cost of the ministry holding ownership of transport companies: frozen because the real question is not this line, but the chronic losses the companies themselves report.
About 1,080 Ft per taxpayer per year — 4,209.5 millió Ft total; real-terms erosion at typical inflation reduces the share by roughly 20–25% over a decade.
Amit látsz — és amit nem
The seen: a ministry administering ownership rights over a portfolio of state transport companies. The unseen: the soft-budget dynamic those companies operate under — where the state as shareholder absorbs their losses year after year, crowding out productive capital, while the ownership-administration cost sits as a separate frozen line rather than as part of the total cost of the arrangement.
Ellenvetés
"State ownership of transport infrastructure is necessary — private operators won't serve unprofitable routes."
Válasz
The cost of state ownership is not this administrative line — it is the annual loss-funding of the companies themselves, which runs to many times this figure in separate chapters. Freezing the ownership-administration line is the minimum; the honest accounting is to read this line together with the companies' own cost-reimbursement and compensation lines to see the total cost of the arrangement.
Share if you think the full cost of state ownership should be visible in one place.
Az elemző értékelése
Az ÉKM tulajdonosi joggyakorlásával kapcsolatos egyéb kiadások
Az elemző indoklása jelenleg angol nyelven elérhető; magyar fordítás folyamatban.
Indoklás
This line funds the "other expenditure" associated with the ministry's exercise of ownership rights over the state-owned companies in its portfolio — the administrative cost of the state acting as shareholder. The state's exercise of ownership rights over the companies it owns is a real activity that has a real cost; the question the frame puts is whether the underlying state ownership of transport companies should persist, and that question belongs to the chapters of the companies themselves, not to this administrative line. As a line in this chapter, the ownership-administration cost is a bounded administrative function, and the "other expenditure" framing with no breakdown makes itemisation costly relative to the sum. The line is held at its nominal level. The deeper point — that a state holding transport companies is a state exposed to the soft-budget-constraint pathology, where chronic loss-funding crowds out productive capital — is the subject of the network-operating lines below and of the companies' own chapters; this line is the administrative residue of that ownership and is frozen.
Átállási mechanizmus
Hold at 4,209.5 millió Ft in nominal terms; real-terms erosion at ~2.5% inflation does the work. The underlying question of state ownership of the portfolio companies belongs to those companies' chapters.
Érintett csoportok
None directly.
Szabad Társadalom Intézet
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