According to international financial institutions, Hungary is returning to the path of economic growth

By: Trademagazin Date: 2024. 04. 18. 12:54

According to the forecasts of the international financial institutions, the Hungarian economy will return to the growth path this year, which could be above 2 percent – said Tibor Tóth, the State Secretary responsible for macroeconomic and international affairs of the Ministry of Finance, at the spring general meeting of the World Bank and the International Monetary Fund in Washington on Wednesday.

In an interview with MTI, the head of the Hungarian delegation said that by 2025 the experts of the World Bank and the Valutaalap expect a growth of 3-4 percent, which is outstanding in the European economic environment, where overall growth of only 1 percent is expected for this year.
Summarizing the main topic of the spring meeting of the international financial organization, Tibor Tóth said that this year’s spring general meeting is about crises and the responses to them.

He pointed out that even in recent years, crisis management was the main topic, and he emphasized that the challenges that are generally valid in the world include the economic shocks caused by wars, inflation, fiscal difficulties, the debt stocks of individual countries, and the economic consequences arising from climate change. tasks.