GKI: A korábbi laza költségvetések árát fizetjük meg most
Government spending in recent years was initially aimed at mitigating the harmful economic effects of the COVID-19 epidemic, and then the stated goal became the forced acceleration of growth.
If we look at the period following the Bokros package (1995), it can be seen that, thanks to the budget adjustments, expenses in real terms lagged behind revenues (between 1996-2001 and 2007-2012) or grew almost identically to them (between 2002-2006) until 2012. The deficit of the public finances fell to 35% of 1995 in real terms.
Related news
KSH: industrial production decreased by 4.9 percent in June compared to the same period of the previous year and by 1.2 percent compared to May
In June 2025, the volume of industrial production fell by…
Read more >MBH quick analysis: Industry performance remains subdued
Industry continues to deliver weak figures: in June, industrial production…
Read more >Fidelity survey: Investors defy general uncertainty
With the restructuring of global systems, investors must navigate an…
Read more >Related news
The Chamber launches free training for budding entrepreneurs
The Hungarian Chamber of Commerce and Industry (MKIK), in collaboration…
Read more >Lidl Switzerland Sees ‘Record’ Growth In Cheese Exports In 2024
Lidl Switzerland saw record cheese export growth in 2024, marking…
Read more >Non-alc beer brand Heaps Normal gets Robbie Williams backing
The brand’s “core range” is being rolled out across “select…
Read more >