Hungary’s cash-flow-based budget deficit, excluding local councils, at the end of November was 3,298.1 billion forints (EUR 9.22bn), while the shortfall in the full year is expected to hit 8-9% of GDP, the finance ministry said in a preliminary data release.
The government has a deficit target of 6.5% of GDP for 2021, it added.
hungarymatters.hu
pixabay