NGM: trust is unbroken, Moody’s also continues to recommend Hungary for investment

They wrote that it reflects a high degree of confidence in Hungary that, after the April report of Standard & Poor’s, Moody’s has now left the investment grade of our country’s public debt unchanged with a stable outlook. Highlighted: Hungary’s perception on the international financial markets is favorable, and the popularity of Hungarian government securities is unbroken. Strong investor and market confidence is supported by successful bond auctions and the continuous inflow of foreign direct investment (FDI). Among others, the largest German car manufacturer and high-tech electric car industry companies, such as BYD or CATL, invest in Hungary. The country’s financing situation is stable and secure, the government is committed to strict budget management and to reducing the budget deficit and public debt. The twin deficits have ended, and Hungary’s foreign trade balance is constantly improving, so much so that it reached a record high level in the first quarter of 2024 – they listed.