The IMF has worsened its forecast for the Hungarian economy for this year and the next

By: Trademagazin editor Date: 2020. 10. 13. 11:20

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The International Monetary Fund (IMF) has worsened its forecast for the Hungarian economy this year and for the next in its autumn forecast for the world economy.

According to a study titled World Economic Outlook, October 2020, published on the IMF’s website on Tuesday, Hungary’s gross domestic product (GDP) may decline by 6.1 percent this year, but may grow by 3.9 percent next year. (MTI)