November Deficit Drops to HUF 233.8B, Meeting 68% of Annual Target The government reported a deficit of HUF 233.8B (EUR 586M) in November, the lowest monthly figure in recent years, amounting... 2024.12.09.
July Budgetary Surplus Marks Significant Improvement in Public Finances The Government is enhancing public finances despite external challenges, showing notable progress in budget management and fiscal balance. According to... 2024.08.09.
Finance Minister: Our EU Presidency’s Goal is Enhancing Competitiveness Hungary's six-month presidency of the Council of the European Union aims to enhance the EU's competitiveness, crucial as Europe faces... 2024.07.17.
Ministry of Finance Adds Russia to Financial Blacklist Russia has been blacklisted, following a tax-related decree issued by the Hungarian government, reports Index. This move is not unprecedented,... 2024.07.10.
Economy Rebounds with Budget Surplus in May The building of the Ministry of Finance The Hungarian economy has returned to growth, with the budget supporting pensions, family... 2024.06.25.
Budget Closes with a Surplus in May The Hungarian economy has rebounded, and the budget is safeguarding pensions, family allowances, and maintaining cuts by rationing utilities. This... 2024.06.10.
Hungary to Prepare Next Year’s EU Budget Hungary will hold the rotating presidency of the Council of the European Union this year. The experts at the Ministry... 2024.04.24.
Statistics Show Public Debt and Budget Deficit Shrinking According to data published by the Central Statistical Office (KSH), the public debt ratio is projected to decrease to 73.5... 2024.04.02.
Our Goal in 2024 Is an Economic Restart, Says Deputy State Secretary Gábor Szőcs, Deputy State Secretary of the Ministry of Finance, emphasized the potential for Hungary to be among European leaders... 2024.01.16.
Further Reductions in Deficit and Public Debt Announced In the challenging backdrop of war, energy sanctions, and a volatile global economic scenario, the Hungarian budget faced considerable strain... 2024.01.10.
Neo-Gothic Building of the Royal Ministry of Finance in Buda Castle under Renovation The reconstruction of the interior of the Royal Hungarian Ministry of Finance is underway with the help of old photos... 2024.01.08.
Hungarian Budget Closes September with a Surplus The protracted war between Russia and Ukraine and the sanctions policy in Brussels have led to an unfavorable global economic... 2023.10.10.
Fitch Ratings Forecasts Stable Economic Growth in Hungary Next Year Fitch projects that the Hungarian economy will grow steadily from next year, expecting it to help reduce the public debt... 2023.10.09.
The EU Wants to Interfere in the Hungarian Budget, Minister Says Although the war and sanctions crisis is putting extraordinary strain on budgets, deficits and public debt are being steadily reduced,... 2023.09.18.
Falling Government Deficit and Rising GDP for the Economy in 2024 The government expects most of the country's economic indicators to be favorable next year, and the cabinet has based the... 2023.08.03.
Hungary Budget Deficit at 45% of Increased Annual Plan Hungary's cash flow-based general government deficit, excluding local councils, reached 1,803.7 billion forints (EUR 5.09bn) at the end of July,... 2021.08.10.
Central Bank Head Warns of Looming Global Economic Crisis, Urges Structural Changes in Gov’t A new global economic crisis is increasingly likely and the government should start formulating a vision for catching up with... 2021.08.10.
