Takarékbank: economic growth may be 2.1 percent this year and 3.6 percent next year

According to the analysts of the Takarékbank (Savings Bank), the economic growth of Hungary may be 2.1 percent this year and 3.6 percent next year and 4 percent in 2018.

According to the communication of the bank, sent to MTI on Wednesday, the driving force of growth will be household consumption, but a significant positive turnaround is expected to appear in investments as well.

The analysts of the financial institution believe that equilibrium processes will remain favorable. The general government deficit could drop this year under the 1 percent of GDP, while the public debt to GDP ratio may be close to 70 percent by the end of 2017. (MTI)