budget

06/01/2017

Hungary’s economy minister: The year was closed with stable public finances

Thanks to the Government’s tax reductions and a successful fiscal policy, the deficit of the general government budget was low in 2016 and the government debt-GDP […]
05/01/2017

Hungarian government sector runs 164 billion forint surplus in Q1-Q3

Budapest, January 5 (MTI) – Hungary’s government sector ran a 164.3 billion forint (EUR 532m) surplus in Q1-Q3, improving over a 436 billion forint deficit in […]
03/01/2017

Hungary tax revenue reaches EUR 41.2bn in 2016

Budapest, January 3 (MTI) – Hungary’s National Tax and Customs Authority (NAV) collected 12,792 billion forints (EUR 41.2bn) in revenue last year, more than 30 billion […]
19/12/2016

Extra 173 million euros to Hungary’s church schools

Budapest (MTI) – The government has decided to grant an extra 54 billion forints (EUR 173m) from this year’s state coffers to church-run schools and kindergartens, […]
16/12/2016

Government reallocates more than EUR 9.5m in budget reserves

Budapest, December 16 (MTI) – Hungary’s government has reallocated more than 3 billion forints (EUR 9.5m) in reserves in this year’s budget to upgrade a lorry […]
07/12/2016

Budget posts 11 month EUR 189m surplus

Budapest, December 7 (MTI) – The cash-flow-based surplus, excluding local councils, was 59.3 billion forints (EUR 189m) in the first eleven months of 2016, according to […]
22/09/2016

Referendum campaign costs at least 36.5 million forints?

Budapest, September 22 (MTI) – The government is spending at least 11.3 billion forints (EUR 36.5m) on the EU quota referendum campaign this year, four times […]
20/09/2016

Fiscal Council evaluation of first-half budget trends positive

Budapest, September 20 (MTI) – Hungary’s Fiscal Council delivered a positive assessment of budget trends in the first half of the year in an opinion published […]
08/09/2016

Budget reporting for 2015 still unreleased

The Hungarian government is already allocating money from the 2017 budget, while even the budget reporting for 2015 has not been released yet. It had never […]
05/09/2016

HungaryTrends – The latest news in business and finance

Budapest, September 4 (MTI) – See below MTI’s main business and financial news from the previous week: HUNGARY INVESTMENT VOLUME DOWN 20.3 PC IN Q2 Investment […]
02/09/2016

GDP growth: Modest acceleration expected to occur in second half

According to economic research corporation GKI, the growth of the Hungarian economy has been lagging behind in 2016 compared to that of last year and other […]
24/08/2016

National Bank of Hungary sees 2016 deficit below 2pc governemnt target

Budapest, August 24 (MTI) – The government will be able to meet its targeted 2 percent ESA deficit goal for 2016 and may even see a […]
24/08/2016

Home help network covers 1,500 small communities

Budapest (MTI) – Welfare and health services provided by a network set up by the government are now available to over 500,000 people living in 1,500 […]
22/08/2016

Budget deficit at 61 pc of full-year target in July, ministry confirms

Budapest, August 22 (MTI) – Hungary’s cashflow-based budget deficit, excluding local councils, reached 464.8 billion forints (EUR 1.49bn) in the first seven months of the year, […]
15/08/2016

HungaryTrends – The week in business and finance

Budapest (MTI) – See below MTI’s main business and financial news from the previous week: HUNGARY Q2 GDP GROWTH ACCELERATES TO 2.6 PC Hungary’s GDP rose […]
08/08/2016

Seven-month budget deficit EUR 1.49bn

Budapest, August 8 (MTI) – Hungary’s cashflow-based budget deficit, excluding local councils, reached 464.8 billion forints (EUR 1.49bn) in the first seven months of 2016, a […]
01/08/2016

Socialists to motion for increasing budget for free meals to needy children

Budapest (MTI) – The opposition Socialists want to ensure that all needy children are provided a main course on weekdays during the school holidays and will […]
21/07/2016

Economy ministry: Hungary’s budget deficit 52.8 pc FY target in June

Budapest, July 21 (MTI) – Hungary’s budget deficit, excluding local councils, reached 402.1 billion forints at the end of June, 52.8 percent of the full-year target, […]
07/06/2016

Lawmakers pass package for 2017 budget – UPDATE

Budapest, June 7 (MTI) – Parliament on Tuesday approved a package of bills submitted by the government in connection with Hungary’s 2017 budget. The package includes […]
06/06/2016

Government plans considerable easing in 2017 budget bill, says central bank

Budapest, June 6 (MTI) – The 2.4 percent ESA deficit targeted by the government in the 2017 budget bill amounts to a considerable easing compared to […]