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155 result(s) for fiscal deficit

Fourth Covid Wave Won’t Hurt Economy, Says Finance Minister Varga

Fourth Covid Wave Won’t Hurt Economy, Says Finance Minister Varga

Thanks to the high inoculation rate, the fourth wave of the coronavirus pandemic is expected to be relatively weak in Hungary, allowing for an estimated 7% GDP growth this year, Finance Minister Mihály Varga said.
Central Bank Governor C riticises Hungarian Government's Economic Policy

Central Bank Governor C riticises Hungarian Government's Economic Policy

György Matolcsy, the governor of the National Bank of Hungary, suggested the country’s economic development would be better served by an “economic policy centre with a mandate to achieve sustainable convergence” in the government’s institutional structure in an op-ed piece published online by daily Magyar Nemzet.
Hungary’s Budget Deficit Lifted In July

Hungary’s Budget Deficit Lifted In July

Hungary’s cash flow-based budget deficit, excluding local councils, reached 1,803.7 billion forints (EUR 5.09bn) at the end of July, widening on stimulus measures, the Finance Ministry said in a preliminary release of data on Monday.
Govt's Economic Recovery Strategy Over-Reliant on 'Steel & Concrete', Says Matolcsy

Govt's Economic Recovery Strategy Over-Reliant on 'Steel & Concrete', Says Matolcsy

Hungary’s sustainable convergence with more developed economies could be inhibited if the government continues to rely on the construction sector to prop up growth once the economy recovers, György Matolcsy wrote in an article published on Monday.
National Bank Governor Plugs Away at Arguments for Fiscal Tightening

National Bank Governor Plugs Away at Arguments for Fiscal Tightening

National Bank of Hungary (NBH) governor György Matolcsy reiterated and refined arguments for reining in next year’s budget deficit in an op-ed piece published on the website of daily Magyar Nemzet on Monday.
IMF & EBRD Raises Hungary GDP Growth Forecast

IMF & EBRD Raises Hungary GDP Growth Forecast

The International Monetary Fund (IMF) has revised its forecast of Hungary’s economic growth to 6.2% in 2021, from a projected 4.3% in May, Finance Minister Mihály Varga said.
2022 Overspending Could Fuel Inflation Warns National Bank's Governor

2022 Overspending Could Fuel Inflation Warns National Bank's Governor

National Bank of Hungary (NBH) governor György Matolcsy said he believes the 5.9%-of-GDP deficit target in the 2022 budget is “a mistake” and could set the country up for “persistently high inflation” in a column published on the website of daily Magyar Nemzet on Monday.
Hungary's Looser Fiscal Policy Affords Flexibility, Says Finance Minister

Hungary's Looser Fiscal Policy Affords Flexibility, Says Finance Minister

The government’s modified budget deficit targets for the coming years, prompted by the continuously changing global environment and the drawn out recovery of capacities, afford flexibility, Finance Minister Mihály Varga said in an interview with business portal Portfolio.hu published on Monday.
Hungary's Economy Set For Swift Recovery, Says Finance Minister

Hungary's Economy Set For Swift Recovery, Says Finance Minister

Hungary’s economy is set to stage a swift recovery from the second quarter and achieve growth of 4-5% for the full year, Minister of Finance Mihály Varga said in an interview with Wednesday’s business daily Világgazdaság.
Fourth Covid Wave Won’t Hurt Economy, Says Finance Minister Varga

Fourth Covid Wave Won’t Hurt Economy, Says Finance Minister Varga

Thanks to the high inoculation rate, the fourth wave of the coronavirus pandemic is expected to be relatively weak in Hungary, allowing for an estimated 7% GDP growth this year, Finance Minister Mihály Varga said.
Central Bank Governor C riticises Hungarian Government's Economic Policy

Central Bank Governor C riticises Hungarian Government's Economic Policy

György Matolcsy, the governor of the National Bank of Hungary, suggested the country’s economic development would be better served by an “economic policy centre with a mandate to achieve sustainable convergence” in the government’s institutional structure in an op-ed piece published online by daily Magyar Nemzet.
Hungary’s Budget Deficit Lifted In July

Hungary’s Budget Deficit Lifted In July

Hungary’s cash flow-based budget deficit, excluding local councils, reached 1,803.7 billion forints (EUR 5.09bn) at the end of July, widening on stimulus measures, the Finance Ministry said in a preliminary release of data on Monday.
Govt's Economic Recovery Strategy Over-Reliant on 'Steel & Concrete', Says Matolcsy

Govt's Economic Recovery Strategy Over-Reliant on 'Steel & Concrete', Says Matolcsy

Hungary’s sustainable convergence with more developed economies could be inhibited if the government continues to rely on the construction sector to prop up growth once the economy recovers, György Matolcsy wrote in an article published on Monday.
National Bank Governor Plugs Away at Arguments for Fiscal Tightening

National Bank Governor Plugs Away at Arguments for Fiscal Tightening

National Bank of Hungary (NBH) governor György Matolcsy reiterated and refined arguments for reining in next year’s budget deficit in an op-ed piece published on the website of daily Magyar Nemzet on Monday.
IMF & EBRD Raises Hungary GDP Growth Forecast

IMF & EBRD Raises Hungary GDP Growth Forecast

The International Monetary Fund (IMF) has revised its forecast of Hungary’s economic growth to 6.2% in 2021, from a projected 4.3% in May, Finance Minister Mihály Varga said.
2022 Overspending Could Fuel Inflation Warns National Bank's Governor

2022 Overspending Could Fuel Inflation Warns National Bank's Governor

National Bank of Hungary (NBH) governor György Matolcsy said he believes the 5.9%-of-GDP deficit target in the 2022 budget is “a mistake” and could set the country up for “persistently high inflation” in a column published on the website of daily Magyar Nemzet on Monday.
Hungary's Looser Fiscal Policy Affords Flexibility, Says Finance Minister

Hungary's Looser Fiscal Policy Affords Flexibility, Says Finance Minister

The government’s modified budget deficit targets for the coming years, prompted by the continuously changing global environment and the drawn out recovery of capacities, afford flexibility, Finance Minister Mihály Varga said in an interview with business portal Portfolio.hu published on Monday.
Hungary's Economy Set For Swift Recovery, Says Finance Minister

Hungary's Economy Set For Swift Recovery, Says Finance Minister

Hungary’s economy is set to stage a swift recovery from the second quarter and achieve growth of 4-5% for the full year, Minister of Finance Mihály Varga said in an interview with Wednesday’s business daily Világgazdaság.