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.
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.
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
The Hungarian government is also planning very significant digital and transport infrastructure developments
Compared to the end of March, Hungary’s debt-to-GDP ratio dropped by 1.6 percentage points, the third-largest decline