Budget Deficit HuF 3,298 BN at End-November

Economy

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

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