ING
After last month’s improvement, the cash-flow based deficit returned to the deteriorating trend in October, posting a deficit of HUF 1,678 billion. On a monthly basis, the budget worsened by HUF 181.6bn, and if we compare it to the original target, the latest figures surpass it by 24%. The cash-flow based budget deficit deteriorated mainly due to one-offs including public sector wages and family allowances in October, while revenue from Brussels continue to increase. More...
