bne IntelliNews
Hungary’s government revised its 3.9% deficit target to 5.2% on October 3. The statement issued by the Economic Development Ministry came just before the release of the quarterly data by the KSH on central government debt.
The government sector deficit was HUF570bn (€1.5bn) in Q2, or 3.1% and HUF2.3 trillion in the first half, equal to 6.3% of GDP during the period.