Károly Olt

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Károly Olt (born May 14, 1904 in Zagreb , † March 22, 1985 in Budapest ) was a Hungarian politician .

Life

Olt grew up in Transylvania and attended a seminar on European Marxism in 1929 . In 1930 he became a member of the Communist Party (KMP) and arrested for his activities there in 1932 and 1933, before he was subsequently placed under police supervision. In 1939 he was involved in the reorganization of the KMP and at the end of 1941 was responsible for illegal press and information work. In the summer of 1944 he began working in the resistance movement .

After the end of the Second World War , he was president of the private insurance company (MABI) from 1945 to 1946 and vice-president of a trade union . At the same time he was a member of parliament ( Országgyűlés ) between 1945 and 1967 . He was also a member of the Central Committee (ZK) of the KMP from 1946 to 1956 , which was renamed the Party of Hungarian Working People (MDP) on June 12, 1948 .

In September 1947 he was appointed Minister for the Common Welfare in the government of Prime Minister Lajos Dinnyés and held this post in the subsequent government of István Dobi until June 1949.

He was then briefly President of Parliament from June 8 to August 23, 1949 and then until 1950 Secretary of the Presidential Council, the collective state presidency.

On February 24, 1950, he was appointed Minister of Finance in the Dobi government and held this post for more than six years in the successor governments of Mátyás Rákosi , Imre Nagy and András Hegedüs until October 24, 1956.

Afterwards, between November 1956 and 1959, he was initially secretary of the Cabinet of Prime Ministers János Kádár and Ferenc Münnich, known as the Revolutionary Workers 'and Peasants' Governments, and then until 1961 Chairman of the State Office for Church Affairs. Károly Olt was also a member of the Presidential Council from 1957 to 1961.

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