Stimulus Lifts Budget Deficit to HuF 1,704.5 BN in June

Economy

Hungary’s cash flow-based budget deficit, excluding local councils, reached 1,704.5 billion forints (EUR 4.8bn) at the end of June, widening on stimulus measures, the Finance Ministry said in a preliminary release of data on Friday.

 

“Recent measures, such as wage support, tax breaks and pension supplements, have left significant resources in the economy,” the ministry said.

 

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