Hungarian Conservative

Tag: deficit

As of the end of 2023, Hungary’s national debt stood at 55.134 trillion HUF, 73.5 per cent of its GDP. Its debt-to-GDP ratio is considerably lower than that of the
The minister stressed the importance of maintaining disciplined fiscal policies this year, aiming for an annual average inflation rate of around 5 per cent. He firmly asserted that until the
Despite extraordinary expenditures, the government has consistently reduced the budget deficit and the national debt year after year, the Ministry of Finance emphasized in its interim report released on the
Similarly to the budget deficit, public debt is also declining and may drop to below 70 per cent this year. To compare: Hungary’s public debt was 83.6 per cent of