Standard and Poor’s continues to recommend Hungary for investment

They stated: the confidence in Hungary is unbroken, which is confirmed not only by the credit rating agencies’ assessments but also by the bond issues. This year’s foreign currency bond auctions proved to be outstandingly successful, and the ÁKK carried out issues in three currencies – the euro, the dollar and the Chinese renminbi – with multiple oversubscription. This highlights that despite global challenges, both Western and Eastern investors view our country as a reliable partner and meeting point – they wrote.

They added: the strong investor and market confidence is also indicated by the continuous inflow of foreign direct investment. Political stability, developed infrastructure, skilled workforce, and the exceptionally high profitability of FDI coming to our country continue to make Hungary attractive. In addition to Western investments, the proportion of Eastern, Chinese, and South Korean investments is also increasing, so following the handover of BMW’s Debrecen factory on September 26, mega-investments such as CATL, BYD, SEMCORP, or EcoPro will be included in the performance of the national economy in the near future.

The Hungarian economy is on solid foundations: employment remains outstanding, with nearly 4.7 million people working, while the number of registered job seekers is at a record low. As a result of real wages that have been increasing for more than 1.5 years, consumption is continuously expanding and domestic tourism is strengthening, which may close another record year in 2025, as this year’s tourist traffic – earlier than ever before – exceeded 15 million people at the end of September – says the NGM statement.

They also mentioned that Hungary’s finances are in order, the government is implementing the largest tax reduction program in Europe, while remaining committed to preserving budget stability, maintaining strict fiscal discipline, and reducing public debt and budget deficits. To this end, the government is keeping four rules in mind: the deficit must decrease year by year; public debt must remain on a sustainable path; it must not return to the excessive deficit procedure, and the primary balance must remain close to zero.