Gergely Gulyás, Head of the Prime Minister’s Office, said Hungary’s 2023 draft budget is expected to be submitted to parliament in the first half of June. The draft budget calculates with a GDP of HUF 68,000 billion (EUR 175.4bn) and has a headline number of around HUF 26,000 billion. It targets a budget deficit of 3.5 percent, calculates with a growth rate of 4.1 percent and projects an inflation rate of 5.2 percent, he said. The bill is being submitted to the Fiscal Council on Thursday, he added.
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