Hungary is among best-performing countries in World Bank report
The National Economy Ministry said that Hungary ranked at the top of the regulatory framework pillar of the B-Ready 2024 report, among 50 countries.
The National Economy Ministry said that Hungary ranked at the top of the regulatory framework pillar of the B-Ready 2024 report, among 50 countries.
In its biannual Global Economic Prospects report, the World Bank expects growth to slow to 4.3 percent in 2023.
Hungary has moved up to 52nd place in the World Bank’s latest annual ease of doing business ranking.
“The World Bank, which has made it its mission to overcome global poverty, could play a decisive role in the development of countries affected by migration,” Minister Varga said.
The Hungarian government has made it a strategic goal to help boost the export capabilities of small and medium-sized companies.
In the Global Economic Prospects report, the international expert team of the World Bank see full-year GDP growth reaching 4.6 percent for 2018
In its twice-yearly Global Economic Prospects report, the bank revised Hungary’s 2018 forecast to 4.1 percent
The World Bank Group has said the Hungarian economic output is expected to grow by 2.6 percent this year, upping its forecast of 2.4 percent made in June 2016