News in Brief
Hungary significantly increases its financial reserves
The government has decided to delay some investments, significantly increasing Hungary's financial reserves this year by a total of HUF 350 billion while reducing public debt.
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News in Brief
Hungary's state debt drops by more than two percentage points in one year
Hungary’s gross consolidated state debt stood at 73.6 percent of GDP at the end of 2017, down from 76 percent at the end of 2016
News in Brief
Hungary will see significant pay rises in healthcare and education between 2018-2022
The Hungarian government is also planning very significant digital and transport infrastructure developments
News in Brief
Hungary ranked as one of the best EU nations for debt reduction
Compared to the end of March, Hungary’s debt-to-GDP ratio dropped by 1.6 percentage points, the third-largest decline