Hungarian Government Finally Raises 2023 Deficit Target From 3.9% To 5.2%

2023. október 05.

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.