Finance Minister Mihály Varga said public debt fell faster than projected last year and the deficit target was fulfilled.
Minister Varga said on Facebook that public debt was 73.5% of GDP last year as against 76.8% in 2021. The budget deficit was 4.9% of GDP, in line with plans, or 6.1% taking into consideration natural gas reserves, he added. Balance indicators are expected to continue improving this year, with projections of decreasing public debt and lower deficit, he said.