Deficit Remains High Despite Slight Improvement

The general government sector’s deficit amounted to 4,059 billion forints (10.6 billion euros / 1 euro=382,18 forints), representing 4.7 of GDP last year. Preliminary data suggest that the balance improved by 126 billion forints compared to the previous year, close to 0.5 percentage points as a proportion of GDP, the Hungarian Central Statistical Office (KSH) [] The post Deficit Remains High Despite Slight Improvement appeared first on Hungary Today.