Stimulus Lifts Budget Deficit to HUF 1,704.5 Bn in June, Ministry Says Hungary's cash flow-based budget deficit, excluding local councils, reached 1,704.5 billion forints (EUR 4.8bn) at the end of June, widening... 2021.07.24.
Budget Deficit at 7.5% of GDP in First Quarter The Hungarian budget's net financing requirement -- a good approximation for the budget deficit -- in the first quarter came... 2021.06.30.
Orbán: Low-earning Parents Could Reclaim 2021 PIT if Economic Growth Reaches 5.5% Monetary policy is set to shift towards a more hawkish stance as early as June, with a possible hike in... 2021.06.09.
Finmin: 2022 Budget Pinpoints Relaunching Economy The 2022 budget is devoted to relaunching Hungary's economy, Mihály Varga, the finance minister, said during a presentation of the... 2021.05.19.
Finance Minister: Looser Fiscal Policy Affords Flexibility The Orbán government's raised budget deficit targets for the coming years, prompted by the continuously changing global environment and the... 2021.05.10.
Gov’t Planning Large Deficit for 2022 Election Year Faces Criticism The government submitted the 2022 budget draft on Tuesday with the plan to reduce the budget deficit to 5.9% of... 2021.05.05.
Finance Minister: 2022 Budget Targets 5.2% Growth, 5.9% Deficit The government targets economic growth of 5.2 percent, with a deficit target of 5.9 percent of GDP and public debt... 2021.05.04.
Budget Deficit HUF 1,144 Bn at End-March, Ministry Confirms Hungary's cash flow-based budget, excluding local councils, posted a shortfall of 1,144.1 billion forints (EUR 3.15 billion) at the end... 2021.04.23.
Finance Ministry Submits Budget Amendment to Parliament The finance ministry on Tuesday submitted to parliament the amendment to the 2021 budget on continued allocation of funds for... 2021.04.21.
Budget Deficit EUR 3,2 Billion at End-March Hungary's cash flow-based budget, excluding local councils, was 1,144.1 billion forints (EUR 3.2bn) at the end of March, the Finance... 2021.04.09.
Budget Deficit 8.1 % of GDP in 2020 Hungary's budget ran a 3,870 billion forint (EUR 10.7bn) deficit last year, equivalent to 8.1 percent of GDP, data released... 2021.04.01.
Govt Official: Pandemic to Determine 2021, 2022 Budget Hungary's budget for 2021 and 2022 is expected to be determined by coronavirus spending, a government official told pro-government daily... 2021.03.25.
Budget Deficit Close to HUF 540 Bn at End-Feb, Ministry Confirms Hungary's cash flow-based budget, excluding local councils, reached 539.7 billion forints (EUR 1.5bn) at the end of February, the Finance... 2021.03.23.
Budget Shows January Surplus; Full-year Gap Expected at 6.5% of GDP Hungary's cash flow-based based budget, excluding local councils, had a 198.8 billion forint (EUR 556.8m) surplus at the end of... 2021.02.08.
Finance Minister Projects 4-5% Economic Growth in 2021 The government projects 4-5 percent economic growth in 2021 thanks to support to be paid for economic recovery this year,... 2021.02.08.
Hungary Budget Deficit Swells to Around 9% of GDP in 2020 Hungary's cash flow-based budget deficit, excluding local councils, was 5,548.6 billion forints (EUR 15.5bn) at the end of 2020, the... 2021.01.22.
Matolcsy: Investment Growth, Job Creation and Cheap Credit Key to Recovery National Bank of Hungary (NBH) governor György Matolcsy said investment growth, job creation and cheap credit will be necessary for... 2020.12.28.
Finance Minister: Global Economic Downturn More Severe This Year than in 2008 The management of Hungary's public debt is stable and based on several pillars, Mihály Varga, the finance minister, said in... 2020.12.15.
Finance Ministry Raises Budget Deficit Estimates while EU Comes to the Rescue The Ministry of Finance now estimates that total government budget deficit will end up at 8-9% of GDP for this... 2020.12.11.
IMF Significantly Downgrades Growth Prediction for Hungary The International Monetary Fund now projects that Hungary's economy will contract by 6.1% this year, while it forecasts 3.9% growth... 2020.10.14.
Budget Deficit Edges up to HUF 2,270 Bn at End-September Hungary's budget deficit, excluding local councils, reached 2,270.3 billion forints (EUR 6.5bn) at the end of September, edging up 9... 2020.10.08.
