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Households making use of the possibility of opening treasury accounts online have invested a total of Ft 60 billion in state bonds since this option became available in December, Finance Minister Mihály Varga announced on Facebook.
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The International Monetary Fund (IMF) projected Hungary’s GDP would grow by 2.2% this year in its latest World Economic Outlook.
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Hungary’s economy “is in big trouble”, according to the opposition Socialists, who slammed the government’s “flawed” pensions policy.
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Annual inflation in Hungary was 3.6% in March, the Central Statistical Office (KSH) said. Month on month, prices rose by 0.8%.
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The opportunity for two free cash withdrawals of up to Ft 150,000 a month will be available at post offices, in addition to ATMs, under an amendment approved by Parliament yesterday to harmonise with EU legislation.
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Although the value of damages caused by bank-transfer fraud decreased in 2023, further efforts are necessary and the participants of the CyberShield programme are extending their cooperation until 2027, National Bank of Hungary (NBH) deputy director governor Csaba Kandracs has said.
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