Parliamentary elections were held in Hungary on 8 May 1994, with a second round of voting in 174 of the 176 single member constituencies on 29 May. They resulted in the return to power of the Hungarian Socialist Party, the former Communist party, under the leadership of Gyula Horn, who became Prime Minister. The Socialists achieved a remarkable revival, winning an overall majority of 209 seats out of 386, up from 33 in 1990.

The Boross government was the second cabinet of Hungary after the fall of Communism. It was established on 21 December 1993 under the leadership of Péter Boross, as a coalition of the Hungarian Democratic Forum, United Smallholders' Party and Christian Democratic People's Party. It was formed after the death in office of Prime Minister József Antall on 12 December 1993, upon which the then interior minister Boross became acting prime minister immediately. He was later confirmed in office with a vote of 201 members of parliament over a week later. The cabinet was essentially unchanged from Antall's, with the exception of Imre Kónya taking over Boross's former post of Interior Minister. The government was defeated in the 1994 Hungarian parliamentary election, and subsequently Boross resigned on 15 July 1994 in favor of Gyula Horn.