According to the OECD, further reforms will contribute to a stronger and more inclusive Hungarian economic performance
Due to the high employment level, the Hungarian economy is in the middle of a strong recovery, which also increases wages, consumer confidence and domestic demand. According to the new OECD report, economic policy should aim at prolonging economic growth, greening growth and sharing economic benefits between all Hungarians.
The latest OECD report on the Hungarian economy examines the factors behind the current enlargement, as well as policies that help overcome the internal and external challenges of the outlooks. The country study forecasts growth of 3.9 percent for 2019 and 3.3 percent for 2020 and outlines a schedule for strengthening, sustaining and integrating the economy.
Related news
The joint Competition Training Centre of the OECD and the Hungarian Competition Authority plays a key role in the development of competition authorities in the region
The Regional Training Centre for Competition (ROK) of the Organisation…
Read more >Significant Hungarian progress in the field of global minimum tax regulation
Hungary has also been granted the temporary QDMTT Safe Harbour…
Read more >OECD upgrades global GDP growth forecast for 2025
The Organization for Economic Co-operation and Development (OECD) on Wednesday…
Read more >Related news
Disrupted market, uncertain future – foot-and-mouth disease epidemic could have serious consequences
The outbreak of foot-and-mouth disease (FMD) in Hungary has triggered…
Read more >NMHH: November remains the strongest month in the advertising market
November is still the strongest month in the advertising market,…
Read more >GKI expects a 2-2.5% economic growth in 2025
GKI Economic Research Zrt. forecasts a 2-2.5% GDP growth for…
Read more >