Crisis-taxes remain, according to 2011 budget

The Hungarian parliament approved the 2011 Budget Act which they referred to as the budget of resurrection.

The new budget shows revenue of HUF 13,151 billion and expenditures of HUF 13,838 billion to create a deficit of HUF 687 billion, in line with the government's accrual-based target of 2.94% of GDP. The pension fund is set to break even with revenue and expenditures of HUF 3,074 billion. The health fund is expected to have revenue of HUF 1,370 billion and expenditures of HUF 1,459 billion, creating an HUF 88.6 billion deficit. The “extraordinary government measures” line, earlier “general reserves”, shows HUF 90 billion. Interest expenditures are projected to reach HUF 1,052 billion in the act.