Károly Olt

Károly Olt
File:OltKaroly.jpg
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, Austria-Hungary
Died	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