World Bank Forecasts 5% Hungary Growth in 2022
- 13 Jan 2022 9:07 AM
Hungary’s economy is forecast to grow by 5% this year, according to the World Bank, which raised its June projection of 4.7%.
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Hungary’s Budget Deficit Reaches HUF 5,101.5 Billion for 2021
- 12 Jan 2022 10:11 AM
Hungary’s cash flow-based budget deficit, excluding local councils, reached 5,101.5 billion forints (EUR 14.2bn) at the end of December, the finance ministry said in a preliminary reading of data released on Tuesday.
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Hungary Running Disciplined Budget, Says Finance Minister
- 10 Jan 2022 8:40 AM
Hungary’s government is running a disciplined, tight budget, Mihály Varga, the finance minister, said in an interview to public radio on Sunday, noting that it boosted reserves at the end of last year and rescheduled investments this year.
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Hungarian Opinion: Former National Bank President Predicts Restrictions After Election
- 10 Jan 2022 8:12 AM
György Surányi, who served as President of the National Bank under a socialist-liberal government in the 1990s, sees monetary and fiscal restrictions as necessary. A pro-government economist dismisses the suggestion and accuses Surányi of serving foreign interests.
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835,000 Claims for Income Tax Refund in Hungary
- 6 Jan 2022 9:26 AM
Some 835,000 applications for the personal income tax refund for families with children were received before the December 31 deadline, of which 81% were filed online and 132,000 were filed on paper, Finance Ministry state secretary András Tállai announced yesterday.
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Opinion: Conflicting Takes on the State of the Hungarian Economy
- 4 Jan 2022 6:26 PM
A left-wing commentator describes welfare measures introduced barely three months before the next parliamentary elections as a desperate attempt by the government to increase its popularity. His right-wing counterpart believes those measures are proof of sound fundamentals.
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