Hungary’s Widening Budget Deficit Calls for Tougher Fiscal Measures

2022. május 09.

ING Think

Hungary's budget posted a deficit in April, pushing the year-to-date cashflow based shortfall to 84% of the full-year target. This is in contrast with the seasonal pattern of the past three years, A recalibration of the economy is looming as we wait for a new government to be formed.