Banai: 2.4 pc budget deficit target realistic

Budapest (MTI) – Hungary’s budget deficit target of 2.4 percent of GDP this year, in line with EU methodology, currently seems to be achievable, the economy ministry state secretary in charge of public finance said on Thursday.

Beno Peter Banai told public news channel M1 that it is yet unknown whether further expenses should be expected in connection with migrants after the border is sealed between Hungary and Croatia.

The government has been confronted with unforeseen and significant expenses, but in any event the budget deficit will remain below 3 percent of GDP, Banai said.

Source: http://mtva.hu/hu/hungary-matters