Economy can grow by 4 percent for this year and for the next
The Hungarian economy will expand by 4 percent this year and for next year – Kovács Árpád, Chairman of the Budgetary Council (KT) said at the conference of the Piac & Profit business magazine on Thursday in Budapest.
He emphasized that, in parallel with the growth rate that is above the European Union average, the government debt-to-GDP ratio will continue to decline and the general government deficit will remain below 3 percent in 2017 and 2018, according to the EU requirements. (MTI)
Related news
OECD: Food price inflation fell sharply in most countries
The Paris-based Organization for Economic Cooperation and Development, the OECD,…
Read more >Gergely Suppan: the recession is clearly over in Hungary
The recession is clearly over in Hungary, from now on…
Read more >The domestic economy grew by 1.1% in the first quarter
In the first quarter of this year, the performance of…
Read more >Related news
The Hungarian beer market focuses on alcohol-free beers and the premium category
The Hungarian beer market is witnessing significant shifts, with non-alcoholic…
Read more >In April, the economic performance of the euro area expanded at the fastest rate in almost a year
In April, the economic performance of the euro zone expanded…
Read more >Hungarian imports and exports also fell in March
In the month of March, Hungarian exports and imports also…
Read more >