Károly Olt

Károly Olt


Minister of Finance of Hungary
In office 24 February 1950 – 24 October 1956
Preceded by	István Kossa
Succeeded by	István Kossa
Personal details
Born	(1904-05-14)May 14, 1904 Zagreb, Kingdom of Croatia-Slavonia, Austria-Hungary
Died	22 March 1985(1985-03-22) (aged 80) Budapest, People's Republic of Hungary
Political party	MDP, MSZMP
Profession	politician, economist

The native form of this personal name is Olt Károly. This article uses the Western name order.

Károly Olt (14 May 1904 - 22 March 1985) was a Hungarian politician, who served as Minister of Finance between 1950 and 1956.

He moved from Transylvania to Hungary in 1920 (after the Treaty of Trianon). He became a member of the Hungarian Communist Party in 1930. He was arrested and condemned because of his communist activities. After that Olt took part in the reestablishment of the communist party. Between 1947 and 1 June 1949 he served as Minister of Welfare. He was appointed Speaker of the National Assembly of Hungary in 1949. Between 1950 and 1951 he worked as secretary of the Presidential Council. After his financial ministership he was a member of the party's Central Leadership. Between 1957 and 1961 he was one of the members of the Presidential Council.

References

Magyar Életrajzi Lexikon

Political offices
Preceded by Imre Nagy	Speaker of the National Assembly 1949	Succeeded by Lajos Drahos
Preceded by István Kossa	Minister of Finance 1950–1956	Succeeded by István Kossa

Speakers of the National Assembly of Hungary

House of Magnates (1848–1918)	Majláth, Sr. Perényi (I) G. Apponyi Sennyey Majláth, Jr. Szőgyény-Marich Sennyey Vay Szlávy Tóth Károlyi Csáky Dessewffy Csáky Jósika Hadik-Barkóczy Wlassics

House of Representatives (1848–1918)	Pázmándy P. Almásy Palóczy Ghyczy Szentiványi Somssich Bittó B. Perczel Ghyczy Szlávy Péchy Bánffy Szilágyi Madarász D. Perczel A. Apponyi D. Perczel Justh S. Gál Berzeviczy Návay Tisza Beőthy Szász

National Assembly (1920–1927)	Rakovszky Gaál Scitovszky Zsitvay

House of Magnates (1927–1945)	Wlassics Széchényi Perényi (III) Rátz

House of Representatives (1927–1945)	Zsitvay L. Almásy Sztranyavszky Kornis Darányi Tasnádi Nagy

Provisional National Assembly (1944–1945)	Vásáry Zsedényi

National Assembly (since 1945)	F. Nagy Varga Szabó I. Nagy Olt Drahos Dögei Rónai Metzker Vass Kállai Apró Sarlós Stadinger Szűrös (Fodor) Göncz Szabad Z. Gál Áder Szili Katona Schmitt Kövér

Ministers of Finance of Hungary (since 1848)

Revolution of 1848	Kossuth Batthyány Duschek

Kingdom of Hungary	Lónyay Kerkapoly Szlávy Ghyczy Széll Tisza Szapáry Tisza Wekerle Sr. Lukács Fejérváry Hegedűs Wekerle Sr. Lukács Teleszky Gratz Wekerle Sr. Popovics

Transition period	M. Károlyi Szende J. Varga Székely and Lengyel Székely Miákits Peidl Grünn Korányi

Regency	Hegedüs Hegyeshalmi Bethlen Kállay Walko Korányi Bud Wekerle Jr. G. Károlyi Korányi Imrédy Fabinyi Reményi-Schneller

Transition period	Vásáry Oltványi Gordon Rácz Nyárádi Gerő

Communist Hungary	Kossa Olt Kossa Antos Nyers Tímár Vályi Faluvégi Hetényi Medgyessy Villányi Békesi

Republic of Hungary	Rabár Kupa Szabó Békesi Bokros Medgyessy Járai M. Varga László Draskovics Veres Oszkó Matolcsy M. Varga

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