• IMF Urges Hungary To Reduce State Debt Faster

    IMF Urges Hungary To Reduce State Debt Faster

    • 6 Aug 2018 8:19 AM

    The International Monetary Fund (IMF) recommended Hungary do more to reduce state debt as well as phase out sectoral taxes and undertake structural reforms to improve productivity in a staff report issued about six weeks after a visit to Budapest as part of regular Article IV consultations.

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  • E-Invoicing Could Add HUF 100's Billions To Fiscal Revenue

    E-Invoicing Could Add HUF 100's Billions To Fiscal Revenue

    • 1 Aug 2018 9:14 AM

    The introduction of mandatory electronic invoicing could raise budget revenue by “tens or even hundreds of billions” of forints, finance ministry state secretary András Tállai said in an interview published in Tuesday’s issue of daily Magyar Idők.

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  • Forint Finding New Equilibrium After Falling

    Forint Finding New Equilibrium After Falling

    • 23 Jul 2018 8:16 AM

    The forint is finding a new equilibrium level, adjusting to conditions on international markets, Finance Minister Mihály Varga said in an interview published in Friday’s issue of business daily Világgazdaság.

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