Budget Deficit Runs 122% of 2019 Full-year Target

Hungary’s cash flow-based budget, excluding local councils, ran a 1,219 billion forint deficit at the end of December, the Finance Ministry said on Thursday. The deficit was 122 percent of the 998.4 billion forint full-year target. A month earlier, the Finance Ministry said the full-year deficit target was still “achievable” despite the significant November shortfall … Continue reading Budget Deficit Runs 122% of 2019 Full-year Target