Budget Institutions’ Liabilities In Hungary Exceed Huf 90bn
- 24 Jan 2014 8:00 AM
Budget-funded institutions’ stock of liabilities averaged more than 90 billion forints (EUR 300m) last year, more than double the amount in 2012, business daily Világgazdaság said on Thursday.
Budget-funded institutions’ liabilities came to 88.9 billion forints at the end of December. Liabilities due under 30 days added up to 42 billion forints. Invoices submitted by suppliers of goods and services came to 62 billion forints.
Of 691 budget-funded institutions, 374 had liabilities at the end of December, including 154 that had liabilities due under 30 days, the paper said.
Source www.hungarymatters.hu
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